Jane Hume (Victoria, Liberal Party, Minister for Superannuation, Financial Services and the Digital Economy) Share this | Hansard source

by leave—I move the government amendments on sheets PM122 and QJ145 together and table a supplementary explanatory memorandum relating to the government amendments moved to this bill:

PM122—T reasury Laws Amendment (Your Future, Your Super) Bill 2021

(1) Schedule 1, item 17, page 8 (line 14), omit "1 July 2021", substitute "1 November 2021".

(2) Schedule 1, item 17, page 8 (line 15), omit "1 July 2021", substitute "1 November 2021".

(3) Schedule 1, item 24, page 10 (line 26), omit "1 July 2021", substitute "1 November 2021".

(4) Schedule 2, item 9, page 17 (lines 31 and 32), omit "are met for that class of Part 6A product", substitute "for that class of Part 6A product are met for the Part 6A product".

We also oppose schedule 3 in the following terms:

(5) Schedule 3, item 3, page 29 (lines 8 to 10), to be opposed.

QJ145—T reasury Laws Amendment (Your Future, Your Super) Bill 2021

(3) Schedule 3, item 20, page 32 (lines 17 and 18), omit subsection 220A(3).

We also oppose schedule 3 in the following terms:

(1) Schedule 3, item 10, page 30 (lines 17 to 19), to be opposed.

(2) Schedule 3, item 14, page 31 (lines 7 to 9), to be opposed.

The CHAIR: Even though the minister has moved these together, they need to be split because they have different outcomes. I will put the question that amendments (1) to (4) on sheet PM122 be agreed to:

Question agreed to.

The CHAIR: The question now is that amendment (5) on sheet PM122—that item (3) of schedule 3 stand as printed—be agreed to.

Question negatived.

The CHAIR: I'm now going to put amendments (1) and (2) on sheet QJ145. The question is that items 10 and 14 of schedule 3 stand as printed.

Question negatived.

The CHAIR: I'm now going to put the last of those amendments moved by the minister by leave, and that is amendment (3) on sheet QJ145. The question is that the amendment be agreed to.

Question agreed to.