Division Description Changes — Bills — Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020; Second Reading — 17th Jun 2021

Change	Division
senate vote 2021-06-17#5 Edited by mackay staff on 2022-04-15 10:35:23	Title Bills — Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020; Second Reading Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 - Second Reading - Agree with the bill's main idea Description ~~<p class="speaker">Scott Ryan</p>~~ ~~<p>Pursuant to the order adopted yesterday, the debate has concluded, so I'll put the question on the second reading. The question is that the bill be read a second time.</p>~~ The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2021-06-17.60.1) to agree with the bill's main idea. In parliamentary jargon, they voted to read the bill for a [second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/). This means they can now discuss it in greater detail. ### What is the bill's main idea? According to the [bill homepage](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/s1269), the bill was introduced "to increase the maximum number of allowable members from four to six in self managed superannuation funds and small APRA funds."**

Bills — Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020; Second Reading
Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 - Second Reading - Agree with the bill's main idea

~~<p class="speaker">Scott Ryan</p>~~
~~<p>Pursuant to the order adopted yesterday, the debate has concluded, so I'll put the question on the second reading. The question is that the bill be read a second time.</p>~~
The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2021-06-17.60.1) to agree with the bill's main idea. In parliamentary jargon, they voted to read the bill for a [second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/). This means they can now discuss it in greater detail.
### What is the bill's main idea?
According to the [bill homepage](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/s1269), the bill was introduced "*to increase the maximum number of allowable members from four to six in self managed superannuation funds and small APRA funds.*"