Senate
Scams Prevention Framework Bill 2024
Revised Explanatory Memorandum
(Circulated by authority of the Assistant Treasurer and Minister for Financial Services, the Hon Stephen Jones MP and Minister for Communications the Hon Michelle Rowland MP)THIS MEMORANDUM TAKES ACCOUNT OF AMENDMENTS MADE BY THE HOUSE OF REPRESENTATIVES TO THE BILL AS INTRODUCED
Glossary
This Explanatory Memorandum uses the following abbreviations and acronyms.
| Abbreviation | Definition |
| ACCC | Australian Competition and Consumer Commission |
| ACMA | Australian Communications and Media Authority |
| ACMA Act | Australian Communications and Media Authority Act 2005 |
| AFCA | Australian Financial Complaints Authority |
| ASIC | Australian Securities and Investments Commission |
| ASIC Act | Australian Securities and Investments Commission Act 2001 |
| Bill | Scams Prevention Framework Bill 2024 |
| CCA | Competition and Consumer Act 2010 |
| Corporations Act | Corporations Act 2001 |
| EDR | External dispute resolution |
| IDR | Internal dispute resolution |
| ITAA 1936 | Income Tax Assessment Act 1936 |
| ITAA 1997 | Income Tax Assessment Act 1997 |
| NASC | National Anti-Scam Centre |
| PGPA Act | Public Governance, Performance and Accountability Act 2013 |
| Privacy Act | Privacy Act 1988 |
| Regulatory Powers Act | Regulatory Powers (Standard Provisions) Act 2014 |
| SPF | Scams Prevention Framework |
| Telecommunications Act | Telecommunications Act 1997 |