House of Representatives

Treasury Legislation Amendment (Unclaimed Money and Other Measures) Bill 2012

Treasury Legislation Amendment (Unclaimed Money and Other Measures) Act 2012

Explanatory Memorandum

(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)

Index

Schedule 1: Banking

Bill reference Paragraph number
Item 1, subsection 69(1) 1.9
Item 2, subsection 69(1AA) 1.10
Item 3, paragraphs 69(1A)(b), 69(1A)(c) 1.11
Item 4, subsections 69(1B), 69(1C), 69(1D), 69(1E) 1.12
Items 5 and 7, subsections 69(7AA), 69(8) 1.13
Item 8, section 69 1.14

Schedule 2: First Home Saver Accounts

Bill reference Paragraph number
Item 1, section 17A 2.7
Item 2, paragraph 17A(a) 2.8
Item 3, subsections 17A(2), 17A(3), 17A(4) 2.9
Item 4, subsections 51C(1A), 51C(1B), 51C(1C) 2.10
Item 5, paragraph 51C(2)(a) 2.11

Schedule 3: Life Insurance

Bill reference Paragraph number
Item 1, subsections 216(7A), 216(7B), 216(7C) 3.8
Item 3,subsection 216(15) 3.7

Schedule 4: Superannuation

Bill reference Paragraph number
Item 1, subsections 17(2AB), (2AC), (2AD), (2AE) 4.19
Items 2, 3 and 4, subsections 20H(2AA), (2AB), (2A), paragraph 20H(3)(b) 4.20
Item 5, paragraph 24(1)(b) 4.15
Item 6, paragraph 24(2)(b) 4.16
Item 7, subsections 24G(3A), (3B), (3C), (3D) 4.18

Schedule 5: Corporations

Bill reference Paragraph number
Item 1, ASIC Act, Division 1 of Part 8; items 2 to 4, Corporations Act, section 9 5.7
Item 5, subsection 1339(2) 5.9, 5.10
Item 6, subsections 1341(1) and (2) 5.11, 5.12
Item 8, after subsection 1341(3) 5.13

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