๐ Corporations (Consequential Amendments) Bill (No. 3) 2001
Legislative Council Second ReadingLA5 December 2001
This Bill amends various Western Australian Acts to align them with the Commonwealth's Financial Services Reform Act 2001. It ensures consistent application of laws related to corporations and financial services across both state and federal jurisdictions.
Impact
Various sectors in Western Australia are affected, including housing, finance, local government, and real estate. The changes ensure WA legislation remains consistent with national standards for financial services regulation, impacting businesses and individuals operating in these sectors.
Key Changes
["Amends multiple WA Acts to reflect the Financial Services Reform Act 2001 (Commonwealth).", "Validates actions taken after the commencement of the Financial Services Reform Act but before this Act receives Royal Assent.", "Grants power to amend statutory rules consequential to the Financial Services Reform Act.", "Allows for retrospective application of regulations and statutory rules, within specific limitations."]
Parliamentary Progress
- LA IntroducedLA5 Dec 2001
- LA Second Reading MovedLA5 Dec 2001
- LA Third ReadingLA13 Dec 2001
- LA Second Reading AgreedLA13 Dec 2001
- LC Second Reading MovedLC13 Dec 2001
Affected Sectors
financehousinglocal_governmentother
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