Commonwealth of Australia Explanatory Memoranda Commonwealth of Australia Explanatory Memoranda[Index] [Search] [Download] [Bill] [Help]
1998-99
THE PARLIAMENT OF THE
COMMONWEALTH OF
AUSTRALIA
SENATE
_____________________________________________________________________
SOCIAL
SECURITY AMENDMENT (DISPOSAL OF ASSETS) BILL 1999
_____________________________________________________________________
SUPPLEMENTARY
EXPLANATORY MEMORANDUM (NO.2)
Amendments to be moved on
behalf of the Government
(Circulated
by authority of the Minister for Family and Community
Services,
Senator the Hon Jocelyn Newman)
ISBN: 0642 425329
SOCIAL SECURITY AMENDMENT (DISPOSAL OF
ASSETS) BILL
1999
Amendments to be moved on behalf of the
Government
OUTLINE AND FINANCIAL IMPACT STATEMENT
The amendments are of a technical nature.
The amendments in this
schedule have no financial implications.
SOCIAL SECURITY AMENDMENT (DISPOSAL
OF
ASSETS) BILL 1999
Amendments to be moved on behalf of the Government
NOTES
ON AMENDMENTS
These are technical amendments.
Amendment No. 1
Amendment No. 1 is an amendment to subsection 9(4)
of the Act, and is consequential upon the provisions already contained in the
Bill. Subsection 9(4) of the Act is a definition provision which refers to the
existing sections of the Act which deal with disposal of assets. Amendment No.
1 simply amends that definition to "complete the list" and ensure that the
definition also refers to the new sections inserted by the Bill (ie s1126A,
s1126B and s1126C).
Amendment No. 2
Amendment No. 2 is a technical amendment to Item 20
of the Bill. The Bill at present refers to the "Budget Measures 1999
Legislation Amendment (Social Security - Disposal of Assets) Act 1999" ,
which was its original proposed title. This item was overlooked when the Bill
was retitled during the drafting process.