Senate debates

Wednesday, 6 December 2017

Bills

Treasury Laws Amendment (2017 Measures No. 9) Bill 2017, Treasury Laws Amendment (Putting Consumers First — Establishment of the Australian Financial Complaints Authority) Bill 2017; In Committee

6:05 pm

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Assistant Minister for Agriculture and Water Resources) Share this | Hansard source

Before you put the question, Madam Temporary Chair, I would like to say that the government will not be opposing these amendments, although we would like to put on the record that we believe that providing these additional powers to ASIC is unnecessary, because we believe that the legislation already currently provides the general direction powers to ASIC that it can to ensure that AFCA is adequately funded. However, in that context, we will not be opposing the Greens amendments.

The TEMPORARY CHAIR: The question is that amendments (2) to (4) on sheet 8134 be agreed to.

Question agreed to.

(Quorum formed)

Bill, as amended, agreed to.

Bill reported with amendments; report adopted.

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