Supplementary Explanatory Memorandum
(Circulated by authority of the Treasurer, the Hon. Josh Frydenberg MP)General outline and financial impact
Schedule 11
This amendment has been prepared by the Department of Social Services.
The amendments alter the commencement date of Schedule 11 to the Coronavirus Economic Response Package Omnibus Bill 2020 and make consequential amendments to Schedule 11.
Date of effect: The day after the Act receives the Royal Assent.
Proposal announced: The Government's economic responses to Coronavirus were announced on 12 March 2020, 18 March 2020 and 22 March 2020.
Financial impact: To be published in the next Budget update.
Human rights implications. Schedule 11 to this Bill does not raise human rights issues.
Compliance cost impact: An exemption from the Regulation Impact Statement requirements was granted by the Prime Minister.
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