Senate
Corporations Amendment (Streamlining of Future of Financial Advice) Bill 2014
Revised Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon J. B. Hockey MP)This Memorandum takes account of amendments made by the House of Representatives to the bill as introduced and recommendations made by the Senate Economics Legislation Committee report of 16 June 2014.
Index
Schedule 1: Amendments
| Bill reference | Paragraph number |
| Item 1, section 960 | 3.51 |
| Item 1A, subsections 946A(2A) and (2B) | 4.6 |
| Item 1A, subsection 946A(2C) | 4.7 |
| Item 1A, subsection 946A(2D) | 4.11 |
| Item 1A, subsections 946A(2E) and (2G) | 4.12 |
| Item 1A, subsection 946A(2F) | 4.14 |
| Items 1B, 1C, 1D, 1E, 1F, 1G, 1H and 1J, paragraphs 947B(2)(ca), (cb), (cc), (cd), (ce), (fa), (fb) and (h), 947C(2)(da), (db), (dc), (dd), (de), (ga), (gb) and (i), and notes at the end of subsections 947B(2) and 947C(2) | 4.16 |
| Items 2, 30, 41 and 42 | 3.84 |
| Items 3-5 and 17, 18, 19, 20, 21, Subdivision B of Division 3 of Part 7.7A (heading), sections 960, 962CA, 962K, 962L, 962M and 962N and subsections 962F(1), (2) and (3) | 2.21 |
| Items 6 and 38, section 960 and section 964A | 3.55 |
| Items 7 and 8, paragraphs 961B(2)(a) and (ba) | 1.43 |
| Items 9, 10 and 14, section 961E and subsections 961B(2)(f) and 961B(2)(g) | 1.18 |
| Item 11, subsections 961B(2)(note) | 1.46 |
| Item 12, subsection 961B(3) | 1.59 |
| Item 12, subsection 961B(4) | 1.60 |
| Item 13, subsection 961B(4A) | 1.28, 1.31 |
| Item 13, subsection 961B(4A)(example) | 1.38 |
| Item 14A, paragraph 961F(b) | 1.71 |
| Item 15, subsection section 961G | 1.48 |
| Item 16, subsection 961J(2) | 1.67 |
| Item 16, subsection 961J(3) | 1.68 |
| Items 20A and 20B, subsection 962G(1) and subparagraph 962H(1)(b)(i) | 2.27 |
| Items 22, 39 and 40, Subdivision C of Division 3 of Part 7.7A, table item 22 of subsection 1317E(1) and subparagraph 1317G(1E)(b)(v) | 2.26 |
| Item 23, section 963A (note) | 3.61 |
| Items 24, 25, 26, 31, and 32, section 963C, subsection 963B(1), paragraphs 963B(1)(a), 963B(1)(b) and 963C(a) | 3.70 |
| Items 27 and 29, subsections 963B(4) and (5) and paragraph 963B(1)(c) | 3.43 |
| Item 28, note in subsection 963B(1) | 3.64 |
| Item 28, subsection 963B(1) (example) | 3.71 |
| Items 29, 34 and 35, subsections 963B(7) and (8), 963C(2) and (3) and 963D(3) and (4) | 3.73 |
| Item 29, section 963B (note) | 2.37 |
| Item 29, subsections 963B(6) and (9) | 3.24 |
| Item 29, paragraph 963B(6)(a) | 3.27 |
| Item 29, paragraph 963B(6)(b) | 3.28 |
| Item 29, paragraph 963B(6)(c) | 3.30 |
| Item 29, paragraph 963B(6)(d) | 3.36 |
| Item 29, paragraph 963B(6)(e) | 3.39 |
| Item 33, subparagraph 963C(c)(ii) | 3.46 |
| Item 35, subsections 963D(1) and 963D(2) | 3.50 |
| Items 36 and 37, subsections 964(1) and (2) | 3.57 |
| Item 43, sections 1531A and 1531B | 1.72 |
| Item 43, sections 1531A and 1531C | 2.40 |
| Item 43, sections 1531A and 1531D | 2.44 |
| Item 43, sections 1531A and 1531E | 3.77 |
| Item 43, sections 1531A and 1531F | 3.81 |
| Item 43, section 1531AA | 4.19 |
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