The Financial Framework Legislation Amendment Bill 2010 is an omnibus bill that will affect 31 acts, involving the amendment of 25 acts and the repeal of six. The bill contains three major themes: to repeal redundant legislation, to improve the financial governance frameworks and to clarify the governance arrangements of several specific bodies. The government notes in this place that the opposition moved an amendment in the House and we agreed to this amendment. I would like to thank honourable senators for their contribution to the debate and commend the bill to the Senate.

Question agreed to.

Bill read a second time.