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Simpler Regulatory System Bill Package

Date:

Thursday, 24 May 2007

Content ID:

1261

Abstract:

A package of Bills comprising the Corporations Legislation Amendment (Simpler Regulatory System) Bill 2007, and supporting Bills, the Corporations (Fees) Amendment Bill 2007 and the Corporations (Review Fees) Amendment Bill 2007 were introduced into the House of Representatives by the Parliamentary Secretary to the Treasurer on 24 May 2007.

The package implements proposals in the Corporate and Financial Services Review Proposals Paper, and a number of recommendations regarding corporate and financial services regulation of the Rethinking Regulation report of the Taskforce on Reducing the Regulatory Burden on Business.

For more information, see the press release of the Parliamentary Secretary to the Treasurer of 24 May 2007.

Further information about the package and proposals paper is also available below.

Documents Available:


Acrobat (PDF) documents

 Acrobat (PDF)

Simpler Regulatory System Bill Package - Snapshot  294.45kb
Simpler Regulatory System Bill Package - Reference Guide  46.92kb

Related Items:

Parliamentary Secretary to the Treasurer Press Release 21 of 2007 - 24/05/2007
"Pearce Delivers Consumer Benefits & Drives Reduction in Red Tape." This media release announces the proposed legislation which will significantly reduce red tape in the corporate community and financial services sector. This legislation will result in lower operating costs for business.
Parliamentary Secretary to the Treasurer Press Release 15 of 2007 - 26/03/2007
"Pearce Continues Delivering Reductions to Red Tape Burden". This media release announces a package of Corporations Amendment Regulations for public consultation, to implement the first part of the Government’s commitment to simplifying the corporate and financial services regulatory system.
Submissions: Corporate and Financial Services Regulation Review – Proposals Paper - 15/03/2007

Below is a list of submissions received in response to the Corporate and Financial Services Regulation Review – Proposals Paper.

Parliamentary Secretary to the Treasurer Press Release 41 of 2006 - 16/11/2006
This media release announces the release of a set of proposals to simplify Australia’s corporate and financial services regulatory system for public comment. The proposals take into account the views presented during consultation on the April 2006 Corporate and Financial Services Regulation …
Corporate and Financial Services Regulation Review – Proposals Paper - 16/11/2006
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Parliamentary Secretary to the Treasurer - Press Release 28 of 2006 - 14/08/2006
Pearce Announces Progress Towards Simpler Regulatory System Bill (14/08/2006). The Parliamentary Secretary to the Treasurer Chris Pearce has announced the most comprehensive package of corporate law reform proposals since the commencement of the Corporate Law Economic Reform Program (CLERP).
Corporate and Financial Services Regulation Review - 14/08/2006

On 14 August 2006, the Parliamentary Secretary to the Treasurer announced progress on the topics outlined in the Corporate and Financial Services Regulation Review Consultation Paper.  The attached list categorises how the topics in the Consultation Paper will be handled in the work going forward.

Treasurer’s Press Release No. 19 of 2006 - Government Response - Reducing the Regulatory Burdens - 7/04/2006
The Australian Government is announcing immediate actions to address a number of the recommendations of the Report of the Taskforce on Reducing the Regulatory Burdens on Business – Rethinking Regulation.
Corporate and Financial Services Regulation Review – Consultation Paper - 7/04/2006
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