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representatives vote 2009-02-04#8
Edited by
system
on
2014-10-07 16:18:31
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Title
Description
The majority voted in favour of a [http://www.openaustralia.org/debates/?id=2009-02-04.153.2 motion] to read the bill for a second time.This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which subsequently occurred without division.(See [http://www.openaustralia.org/debates/?id=2009-02-04.156.1 Open Australia] for this vote.
)''Background to the bill''The bill was introduced to amend the ''Commonwealth Inscribed Stock Act 1911'' so that the Treasurer is authorised to increase the cap on the face value of Commonwealth Government Securities on issue by $125 billion in special circumstances.(Read more about the bill [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4041%22 here], including its explanatory memorandum and bills digest.) Prior to this, there was a debt limit of $75 billion, which had been introduced by the ''Commonwealth Securities and Investment Legislation Amendment Act 2008''.References- The majority voted in favour of a [motion](http://www.openaustralia.org/debates/?id=2009-02-04.153.2) to read the bill for a second time.
- This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which subsequently occurred without division.(See [Open Australia](http://www.openaustralia.org/debates/?id=2009-02-04.156.1) for this vote. )
- _Background to the bill_
- The bill was introduced to amend the _Commonwealth Inscribed Stock Act 1911_ so that the Treasurer is authorised to increase the cap on the face value of Commonwealth Government Securities on issue by $125 billion in special circumstances.(Read more about the bill [here](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4041%22), including its explanatory memorandum and bills digest.) Prior to this, there was a debt limit of $75 billion, which had been introduced by the _Commonwealth Securities and Investment Legislation Amendment Act 2008_.
- References
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representatives vote 2009-02-04#8
Edited by
system
on
2014-10-07 16:16:16
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Title
Description
- The majority voted in favour of a [http://www.openaustralia.org/debates/?id=2009-02-04.153.2 motion] to read the bill for a second time.
This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which subsequently occurred without division.[1]- This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which subsequently occurred without division.(See [http://www.openaustralia.org/debates/?id=2009-02-04.156.1 Open Australia] for this vote.
)
- ''Background to the bill''
The bill was introduced to amend the ''Commonwealth Inscribed Stock Act 1911'' so that the Treasurer is authorised to increase the cap on the face value of Commonwealth Government Securities on issue by $125 billion in special circumstances.[2] Prior to this, there was a debt limit of $75 billion, which had been introduced by the ''Commonwealth Securities and Investment Legislation Amendment Act 2008''.- The bill was introduced to amend the ''Commonwealth Inscribed Stock Act 1911'' so that the Treasurer is authorised to increase the cap on the face value of Commonwealth Government Securities on issue by $125 billion in special circumstances.(Read more about the bill [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4041%22 here], including its explanatory memorandum and bills digest.) Prior to this, there was a debt limit of $75 billion, which had been introduced by the ''Commonwealth Securities and Investment Legislation Amendment Act 2008''.
- References
* [1] See [http://www.openaustralia.org/debates/?id=2009-02-04.156.1 Open Australia] for this vote. * [2] Read more about the bill [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4041%22 here], including its explanatory memorandum and bills digest.
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representatives vote 2009-02-04#8
Edited by
mackay staff
on
2014-03-05 15:57:32
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Title
Description
- The majority voted in favour of a [http://www.openaustralia.org/debates/?id=2009-02-04.153.2 motion] to read the bill for a second time.
This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which is what subsequently happened without division.[1]- This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which subsequently occurred without division.[1]
- ''Background to the bill''
- The bill was introduced to amend the ''Commonwealth Inscribed Stock Act 1911'' so that the Treasurer is authorised to increase the cap on the face value of Commonwealth Government Securities on issue by $125 billion in special circumstances.[2] Prior to this, there was a debt limit of $75 billion, which had been introduced by the ''Commonwealth Securities and Investment Legislation Amendment Act 2008''.
- References
- * [1] See [http://www.openaustralia.org/debates/?id=2009-02-04.156.1 Open Australia] for this vote.
- * [2] Read more about the bill [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4041%22 here], including its explanatory memorandum and bills digest.
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representatives vote 2009-02-04#8
Edited by
mackay staff
on
2014-03-05 15:56:54
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Title
Commonwealth Inscribed Stock Amendment Bill 2009 — Second Reading- Commonwealth Inscribed Stock Amendment Bill 2009 - Second Reading - Read a second time
Description
<p>Debate resumed.</p>- The majority voted in favour of a [http://www.openaustralia.org/debates/?id=2009-02-04.153.2 motion] to read the bill for a second time.
- This means that the majority of Members of Parliament (MPs) agree with the main idea of the bill and will now decide whether to pass it in the House of Representatives, which is what subsequently happened without division.[1]
- ''Background to the bill''
- The bill was introduced to amend the ''Commonwealth Inscribed Stock Act 1911'' so that the Treasurer is authorised to increase the cap on the face value of Commonwealth Government Securities on issue by $125 billion in special circumstances.[2] Prior to this, there was a debt limit of $75 billion, which had been introduced by the ''Commonwealth Securities and Investment Legislation Amendment Act 2008''.
- References
- * [1] See [http://www.openaustralia.org/debates/?id=2009-02-04.156.1 Open Australia] for this vote.
- * [2] Read more about the bill [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4041%22 here], including its explanatory memorandum and bills digest.
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<p>Question put.</p>
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