Senate debates Bills

Treasury Laws Amendment (2018 Measures No. 2) Bill 2019; In Committee


Jenny McAllister

Jenny McAllister NSW, Australian Labor Party, Shadow Cabinet Secretary

9:04 pm

The EM indicates that any regulations or subordinate legislation made under this legislation would specifically provide for AAT review for ASIC decisions relating to exemptions from the ACL requirements. It's at the top of page 10 in the explanatory memorandum. I'm interested in understanding how the public can be assured that what is essentially a political commitment being made in the EM will continue to be a feature of the regime as implemented.

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