Senate

Treasury Laws Amendment (2021 Measures No. 1) Bill 2021

Supplementary explanatory memorandum relating to sheet RS134

(Circulated by authority of the Treasurer, the Hon Josh Frydenberg MP)
Amendments to be moved on behalf of the Government

General outline and financial impact

Continuous Disclosure - Parliamentary Amendment

The Parliamentary Amendment to this Bill requires the Minister to cause an independent review of Parts 1 and 2 of Schedule 2 (continuous disclosure) to be undertaken within six months after the second anniversary of the commencement of Schedule 2 to the Bill.

Date of effect: The amendment commences on the day after the Bill receives the Royal Assent.

Proposal announced: The amendment has not been previously announced.

Financial impact: Nil.

Human rights implications: The amendment does not raise any human rights issues.

Compliance cost impact: The amendment is not expected to alter the cost impact outlined in the Explanatory Memorandum to the Bill.


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