Monday, 10 February 2020
Trade Support Loans Amendment (Improving Administration) Bill 2019; Second Reading
I present an addendum to the explanatory memorandum. In commencing my contribution, I want to thank all members for their contributions to this important debate. The Trade Support Loans Amendment (Improving Administration) Bill 2019 will improve the administration of the Trade Support Loans program. The bill will provide another avenue for Australian apprentices to repay an overpayment debt and will also align the notification periods to allow for more flexibility when administering the program.
I would also like to thank the Senate Standing Committee for the Scrutiny of Bills for their consideration. As requested by the committee, an addendum to the explanatory memorandum has been tabled to explain why it is necessary and appropriate to leave significant matters, such as the circumstances in which the amounts of later trade support loan instalments may be reduced, to delegated legislation. Once again, I thank all members for their contributions and I commend the bill to the House.