Notification of rescission of disallowance
IT IS HEREBY NOTIFIED for general information that the Senate, on 27 November 2014, agreed to the following resolution:
That, for the purposes of paragraph 48(1)(a) of the Legislative Instruments Act 2003, the Senate:
(a) supports the making of regulations re-instating provisions the same in substance as the following provisions of Corporations Amendment (Streamlining Future of Financial Advice) Regulation 2014, as contained in Select Legislative Instrument 2014 No. 102: Schedule 1 Items 5 (Accountants’ certificate renewal period); 11 (Stamping fee provision); 12 to 17 (ASX24‑related provisions); 27 (non‑monetary education or training benefit not conflicted remuneration); and 28, 29 and 31 to 35 (Grandfathering arrangements); and
(b) rescinds its disallowance resolution of 19 November 2014 relating to the above regulation, to the extent necessary to permit the re-making of the aforementioned provisions in the regulations.
Rosemary Laing
Clerk of the Senate