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House of Representatives

Personal Liability for Corporate Fault Reform Bill 2012

Explanatory Memorandum

(Circulated by the authority of the Parliamentary Secretary to the Treasurer, the Hon Bernie Ripoll MP)


The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
ASIC The Australian Securities and Investments Commission
The Bill Personal Liability for Corporate Fault Reform Bill 2012
CAMAC Corporations and Markets Advisory Committee
CATSIA Corporations(Aboriginal and Torres Strait Islander ) Act 2006
Child Support Act Child Support ( Registration and Collection ) Act
Classification Act Classification ( Publications, Films and Computer Games ) Act 1995
COAG Council of Australian Government
Corporations Act Corporations Act 2001
FATA Foreign Acquisitions and Takeovers Act 1975
HIA Health Insurance Act 1973
ICA Insurance Contracts Act 1984
ITAA Income Tax Assessment Act 1936
MINCO Ministerial Council for Corporations, now known as the Legislative and Governance Forum
NMA National Measurement Act 1960
NVETRA National Vocational Education and Training Regulator Act 2001
PDF Act Pooled Development Funds Act 1992
SGAA Superannuation Guarantee (Administration) Act 1992
TAA Taxation Administration Act 1953
TGA Therapeutic Goods Act 1989

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