House of Representatives
Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Bill 2024
Explanatory Memorandum
(Circulated by authority of the Assistant Minister for Competition, Charities and Treasury, the Hon Dr Andrew Leigh MP)Glossary
This Explanatory Memorandum uses the following abbreviations and acronyms.
| Abbreviation | Definition |
| ACCC | Australian Competition and Consumer Commission |
| ACL | Australian Consumer Law as set out in Schedule 2 to the Competition and Consumer Act 2010 |
| AHBA | Affordable Housing Bond Aggregator |
| APS | Australian Public Service |
| ASIC | Australian Securities and Investments Commission |
| ASIC Act | Australian Securities and Investments Commission Act 2001 |
| ATO | Australian Taxation Office |
| Bill | Treasury Laws Amendment (Fairer for Families and Farmers and Other Measures) Bill 2024 |
| CCA | Competition and Consumer Act 2010 |
| CCIV | Corporate Collective Investment Vehicle |
| CCIVs Act | Corporate Collective Investment Vehicle Framework and Other Measures Act 2022 |
| Corporations Act | Corporations Act 2001 |
| DGR | Deductible gift recipient |
| Fair Work Act | Fair Work Act 2009 |
| FATA | Foreign Acquisitions and Takeovers Act 1975 |
| Food and Grocery Code | Competition and Consumer (Industry Codes-Food and Grocery) Regulation 2015 |
| Food and Grocery Code Review | Independent Review of the Food and Grocery Code of Conduct |
| Franchising Code | Competition and Consumer (Industry Codes-Franchising) Regulation 2014 |
| Franchising Code Review | Independent Review of the Franchising Code of Conduct |
| Guide | A Guide to Framing Commonwealth Offences, Infringement Notices and Enforcement Powers |
| HAFFF | Housing Australia Future Fund Facility |
| Housing Australia Act | Housing Australia Act 2018 |
| Information standard | An information standard (legislative instrument) as defined under the ACL |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| MBR Program | Modernising Business Registers Program |
| MoG change | Machinery of Government change |
| NHAF | National Housing Accord Facility |
| PRRTA Act | Petroleum Resource Rent Tax Assessment Act 1987 |
| PRRTA Regulations | Petroleum Resource Rent Tax Assessment Regulations 2024 |
| Public Service Act | Public Service Act 1999 |
| Safety standard | A safety standard (legislative instrument) as defined under the ACL |
| Standard | A standard that is not an information standard or safety standard, such as a standard made by Standards Australia Limited |
| Unit Pricing Code | Competition and Consumer (Industry Codes-Unit Pricing) Regulations 2021 |