Senate debates

Wednesday, 5 February 2020

Bills

Treasury Laws Amendment (Combating Illegal Phoenixing) Bill 2019; In Committee

12:08 pm

Photo of Jenny McAllisterJenny McAllister (NSW, Australian Labor Party, Shadow Cabinet Secretary) Share this | Hansard source

by leave—I move opposition amendments (1) and (2) on sheet 8862 together:

(1) Clause 2, page 2 (table item 1), omit "Sections 1 to 3", substitute "Sections 1 to 4".

(2) Page 2 (after line 11), after clause 3, add:

4 Review of operation of amendments

(1) The Minister must cause an independent review to be conducted of the operation of the amendments made by Schedules 1, 3 and 4 to this Act.

(2) The review must start as soon as practicable after the end of 5 years after this Act receives the Royal Assent.

(3) The persons who conduct the review must give the Minister a written report of the review.

(4) The Minister must cause a copy of the report to be tabled in each House of the Parliament within 15 sitting days of that House after the report is given to the Minister.

I note that the minister has indicated that the government intends to support those amendments. We appreciate the support. Essentially, as I flagged in my speech in the second reading debate, these amendments seek to ensure that these laws are reviewed after five years to allow us to assess whether or not they are working as intended.

Question agreed to.

Comments

No comments