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Home›Bills›Bill 24

📜 Industry and Technology Development Amendment Bill 2021

Assented toLABill 2424 June 2021

This Bill amends the Industry and Technology Development Act 1998 to allow Northern Australia Infrastructure Facility (NAIF) finance to be disbursed to Government Trading Enterprises and removes references to the defunct Technology and Industry Advisory Council (TIAC).

Impact

Government Trading Enterprises will be able to access NAIF funding for infrastructure projects, particularly in regional areas. This could lead to increased investment and development. The removal of references to TIAC reflects its dissolution.

Key Changes

["Expands the definition of 'industry' to include Government Trading Enterprises.", "Deletes references to the Western Australian Technology and Industry Advisory Council (TIAC).", "Allows NAIF finance to be used for infrastructure projects delivered by Government Trading Enterprises."]

Parliamentary Progress

  1. LA IntroducedLA24 June 2021
  2. LA Second Reading MovedLA24 June 2021
  3. LA Second Reading AgreedLA19 Oct 2021
  4. LA Consideration in DetailLA19 Oct 2021
  5. LA Third ReadingLA19 Oct 2021
  6. LC Second Reading MovedLC26 Oct 2021
  7. LC Second Reading AgreedLC30 Nov 2021
  8. LC Third ReadingLC30 Nov 2021
  9. Royal Assent3 Dec 2021
Affected Sectors
public_sectorresourcesutilities
View on Parliament website →Bill PDFEM PDF

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