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senate vote 2023-11-15#3
Edited by
mackay staff
on
2024-06-30 12:39:48
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Title
Treasury Laws Amendment (2023 Measures No. 1) Bill 2023 - in Committee - Franked distributions—proportionality- Treasury Laws Amendment (2023 Measures No. 1) Bill 2023 - in Committee - Sustainability reporting
Description
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The majority voted in favour of [government amendments (1) to (16) on sheet ZB218](https://www.openaustralia.org.au/senate/?gid=2023-11-15.13.2), which means they'll now be included in the bill. When introducing these amendments, Northern Territory Senator [Malarndirri McCarthy](https://theyvoteforyou.org.au/people/senate/nt/malarndirri_mccarthy) (Labor) also introduced a [supplementary explanatory memorandum](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Fems%2Fr6979_ems_14f1205e-090b-44a1-af2b-744ed115ad8d%22;rec=0) which provided further information. - The majority voted in favour of keeping schedule 2 unchanged (in parliamentary jargon, they voted that it "stand as printed"). This vote was put after Queensland Senator [Malcolm Roberts](https://theyvoteforyou.org.au/people/senate/queensland/malcolm_roberts) (One Nation) [proposed that](https://www.openaustralia.org.au/senate/?gid=2023-11-15.16.1):
### Amendment text- > *(3) Schedule 2, page 14 (line 1) to page 20 (line 6), to be opposed.*
> *(1) Clause 2, page 2 (table item 5), omit the table item, [substitute](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Famend%2Fr6979_amend_e5a61c87-6fd4-4cc3-aab7-a39486be1b6c%22;rec=0):*>> *(2) Clause 2, page 2 (table item 6), omit the table item, [substitute](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Famend%2Fr6979_amend_e5a61c87-6fd4-4cc3-aab7-a39486be1b6c%22;rec=0):*>> *(3) Schedule 4, item 21, page 40 (lines 7 to 9), omit "after 7:30 pm, by legal time in the Australian Capital Territory, on 25 October 2022", substitute "on or after 18 November 2022".*>> *(4) Schedule 4, item 21, page 40 (lines 14 and 15), omit "after 7:30 pm, by legal time in the Australian Capital Territory, on 25 October 2022", substitute "on or after 18 November 2022".*>> *(5) Schedule 5, item 1, page 41 (line 7), after "a distribution", insert "or a part of a distribution".*>> *(6) Schedule 5, item 2, page 41 (line 13), after "of a kind", insert ", or a part (the relevant part) of a distribution (also a relevant distribution) of a kind,".*>> *(7) Schedule 5, item 2, page 41 (line 27), after "funding of", insert "a substantial part of".*>> *(8) Schedule 5, item 2, page 41 (line 28), omit "part of the relevant distribution", substitute "the relevant part".*>> *(9) Schedule 5, item 2, page 41 (line 32), after "funding", insert "a substantial part of".*>> *(10) Schedule 5, item 2, page 41 (line 33), omit "part of the relevant distribution", substitute "the relevant part".*>> *(11) Schedule 5, item 2, page 41 (line 33), at the end of subsection (1), add:*>>> *; (d) the issue of the equity interests was not a direct response in order to meet a requirement, direction or recommendation from APRA or ASIC.*>> *(12) Schedule 5, item 2, page 42 (line 23), after "apply to", insert "all or any part of".*>> *(13) Schedule 5, item 2, page 42 (line 25), after "funding", insert "all or part of".*>> *(14) Schedule 5, item 2, page 42 (line 35), at the end of paragraph 207-159(4)(b), add "or the relevant part (as the case may be)".*>> *(15) Schedule 5, item 3, page 44 (line 8), omit "15 September 2022", substitute "the commencement of this Schedule".*>> *(16) Schedule 5, item 3, page 44 (line 12), omit "15 September 2022", substitute "the commencement of this Schedule".*- ### What does schedule 2 do?
- According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2223a/23bd063):
- > *Schedule 2 amends the Australian Securities and Investments Commission Act 2001 (ASIC Act) to lay the necessary foundations to implement sustainability reporting standards in Australia.*
- > *Currently, sustainability reporting in Australia is undertaken on a voluntary basis.*
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senate vote 2023-11-15#3
Edited by
mackay staff
on
2024-06-30 12:24:00
|
Title
Bills — Treasury Laws Amendment (2023 Measures No. 1) Bill 2023; in Committee- Treasury Laws Amendment (2023 Measures No. 1) Bill 2023 - in Committee - Franked distributions—proportionality
Description
<p class="speaker">Malcolm Roberts</p><p>I move Pauline Hanson's One Nation's amendment (3) on sheet 2188:</p>-
- The majority voted in favour of [government amendments (1) to (16) on sheet ZB218](https://www.openaustralia.org.au/senate/?gid=2023-11-15.13.2), which means they'll now be included in the bill. When introducing these amendments, Northern Territory Senator [Malarndirri McCarthy](https://theyvoteforyou.org.au/people/senate/nt/malarndirri_mccarthy) (Labor) also introduced a [supplementary explanatory memorandum](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Fems%2Fr6979_ems_14f1205e-090b-44a1-af2b-744ed115ad8d%22;rec=0) which provided further information.
- ### Amendment text
- > *(1) Clause 2, page 2 (table item 5), omit the table item, [substitute](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Famend%2Fr6979_amend_e5a61c87-6fd4-4cc3-aab7-a39486be1b6c%22;rec=0):*
- >
- > *(2) Clause 2, page 2 (table item 6), omit the table item, [substitute](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/display.w3p;query=Id%3A%22legislation%2Famend%2Fr6979_amend_e5a61c87-6fd4-4cc3-aab7-a39486be1b6c%22;rec=0):*
- >
- > *(3) Schedule 4, item 21, page 40 (lines 7 to 9), omit "after 7:30 pm, by legal time in the Australian Capital Territory, on 25 October 2022", substitute "on or after 18 November 2022".*
- >
- > *(4) Schedule 4, item 21, page 40 (lines 14 and 15), omit "after 7:30 pm, by legal time in the Australian Capital Territory, on 25 October 2022", substitute "on or after 18 November 2022".*
- >
- > *(5) Schedule 5, item 1, page 41 (line 7), after "a distribution", insert "or a part of a distribution".*
- >
- > *(6) Schedule 5, item 2, page 41 (line 13), after "of a kind", insert ", or a part (the relevant part) of a distribution (also a relevant distribution) of a kind,".*
- >
- > *(7) Schedule 5, item 2, page 41 (line 27), after "funding of", insert "a substantial part of".*
- >
- > *(8) Schedule 5, item 2, page 41 (line 28), omit "part of the relevant distribution", substitute "the relevant part".*
- >
- > *(9) Schedule 5, item 2, page 41 (line 32), after "funding", insert "a substantial part of".*
- >
- > *(10) Schedule 5, item 2, page 41 (line 33), omit "part of the relevant distribution", substitute "the relevant part".*
- >
- > *(11) Schedule 5, item 2, page 41 (line 33), at the end of subsection (1), add:*
- >
- >> *; (d) the issue of the equity interests was not a direct response in order to meet a requirement, direction or recommendation from APRA or ASIC.*
- >
- > *(12) Schedule 5, item 2, page 42 (line 23), after "apply to", insert "all or any part of".*
- >
- > *(13) Schedule 5, item 2, page 42 (line 25), after "funding", insert "all or part of".*
- >
- > *(14) Schedule 5, item 2, page 42 (line 35), at the end of paragraph 207-159(4)(b), add "or the relevant part (as the case may be)".*
- >
- > *(15) Schedule 5, item 3, page 44 (line 8), omit "15 September 2022", substitute "the commencement of this Schedule".*
- >
- > *(16) Schedule 5, item 3, page 44 (line 12), omit "15 September 2022", substitute "the commencement of this Schedule".*
<p class="italic">(3) Schedule 2, page 14 (line 1) to page 20 (line 6), to be opposed.</p> <p class="speaker">Deborah O'Neill</p><p>The question is that schedule 2 stand as printed.</p><p></p> -
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