Senate debates Bills

Treasury Laws Amendment (2017 Measures No. 5) Bill 2017, ASIC Supervisory Cost Recovery Levy Amendment Bill 2017; In Committee


Peter Georgiou

Peter Georgiou WA, Pauline Hanson's One Nation Party

5:34 pm

On behalf of Pauline Hanson's One Nation, I move amendment (1) on sheet 8383:

(1) Page 45 (after line 26), after Schedule 2, insert:

Schedule 3—Amendments relating to the appointment of receivers and valuers in the AFCA regime

Corporations Act 2001

1 After paragraph 1051(2 ) ( a)

Insert:

(aa) the membership of the scheme is open to every person who is appointed to act in the capacity of a receiver and manager, investigative accountant or a valuer, of an entity mentioned in paragraph (a); and

2 Application

The amendment made to the Corporations Act 2001 by this Schedule applies in relation to the appointment of receivers, investigative accountants or valuers made after the commencement of the item.

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