Corporations (Administrative Actions) Bill 2001


Bill No.16

SynopsisThe purpose of this Bill is to validate past actions of Commonwealth authorities and officers to the extent necessary to give their actions the same effect as they would have if they had been taken by duly authorised State officers.

The Bill will ensure that the rights of all persons are the same as they would have been if the administrative actions taken by the Commonwealth officers had been validly exercised by State officers.

The validation effected by this Bill is essential to ensure that the activities of the Australian Securities and Investments Commission, ranging from the incorporation of companies to the making of decisions to prosecute offenders, are not vulnerable to constitutional challenge.

StatusAssented to 06/28/2001
Royal Assent given 28 Jun 2001 as Act No. 9 of 2001. This Act comes into operation on a day fixed by Proclamation

Current Bill

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Inactive hide details for Previous Versions of this BillPrevious Versions of this Bill




Progress

Legislative Assembly DateNote No.Related Documents
First Reading 06/26/2001  
Second Reading 06/26/2001  
Second Reading Speech   
Second Reading Agreed 06/27/2001  
Third Reading 06/27/2001  


Legislative Council DateNote No.Related Documents
Introduced 05/29/2001  
First Reading 05/29/2001  
Second Reading 05/29/2001 1 
Second Reading Speech   
Second Reading Agreed 06/20/2001  
Committee of the whole 06/21/2001  
Third Reading 06/21/2001  


Other Procedures DateNote No.Related Links
Referred to Standing Committee on Legislation  05/29/2001  


Notes
1. Explanatory memorandum provided.
2. Electronic copies of the following Commonwealth Bills - Corporations Bill 2001 and Australian Securities and Investments Commission Bill 2001 can be viewed on www.aph.gov.au/parlinfo/billsnet/main.htm.