Senate debates

Tuesday, 16 March 2021

Committees

Economics References Committee; Reference

3:56 pm

Photo of Jonathon DuniamJonathon Duniam (Tasmania, Liberal Party, Assistant Minister for Forestry and Fisheries) Share this | Hansard source

The bill extends the expiry date of existing temporary relief, allowing companies and their officers to meet regulatory requirements in respect of, amongst other things, document execution and virtual meetings using digital technologies, to 15 September 2021 and makes permanent the temporary changes made to continuous disclosure laws in May 2020, which are due to expire on 22 March this year. The government consulted extensively on these measures, including via submissions, reports and stakeholder meetings on the temporary reforms, hearings as part of the Senate Select Committee on Financial Technology and Regulatory Technology and a consultation on exposure draft legislation.

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