House of Representatives
Treasury Laws Amendment (2023 Measures No. 3) Bill 2023
Explanatory Memorandum
(Circulated by authority of the Assistant Treasurer and Minister for Financial Services, the Hon Stephen Jones MP)Glossary
This Explanatory Memorandum uses the following abbreviations and acronyms.
| Abbreviation | Definition |
| ACCC | Australian Competition and Consumer Commission |
| Approved Qualifications Determination | Corporations (Relevant Providers Degrees, Qualifications and Courses Standard) Determination 2021 |
| ASIC | Australian Securities and Investments Commission |
| ASIC Act | Australian Securities and Investments Commission Act 2001 |
| ASX | ASX Limited |
| Better Advice Act | Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Act 2021 |
| Bill | Treasury Laws Amendment (2023 Measures No. 3) Bill 2023 |
| CCA | Competition and Consumer Act 2010 |
| CFR | Council of Financial Regulators |
| Corporations Act | Corporations Act 2001 |
| Corporations Regulations | Corporations Regulations 2001 |
| Credit Act | National Consumer Credit Protection Act 2009 |
| CS facility | A clearing and settlement facility as defined in section 768A of the Corporations Act 2001 |
| CS service | A CS service defined in section 828 of the Corporations Act 2001 as would be amended by this Bill. |
| Education and Training Standards Determination | Corporations (Relevant Providers-Education and Training Standards) Determination 2021 |
| First Home Super Saver | FHSS |
| ICCPR | International Covenant on Civil and Political Rights |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| Professional Standards of Financial Advisers Act | Corporations Amendment (Professional Standards of Financial Advisers) Act 2017 |
| RBA | Reserve Bank of Australia |
| TAA | Taxation Administration Act 1953 |
| Tax Agent Services Act | Tax Agent Services Act 2009 |