Regulation Impact Statement Updates

Stronger Rural Health Strategy

29th March 2019

Regulation Impact Statement – Department of Health

On 11 March 2019, the Minister for Immigration, Citizenship and Multicultural Affairs made the following instruments:

Migration (LIN 19/047: Specification of Occupations—Subclass 187 Visa) Instrument 2019 Migration (LIN 19/048: Specification of Occupations—Subclass 482 Visa) Instrument 2019 Migration (LIN 19/049: Specification of Occupations and Assessing Authorities—Subclass 186 Visa) Instrument 2019.

The instruments give...

Review of Australia’s Sports Integrity Arrangements

Aust Gov

27th March 2019

Independent Review – Department of Health

On 14 February 2019, the Government introduced the following legislation:

The Australian Sports Anti-Doping Authority Amendment (Enhancing Australia’s Anti‑Doping Capability) Bill 2019 to amend the existing anti-doping, freedom of information and privacy laws to ensure the efficient and effective implementation of the Australian Sports Anti-Doping Authority’s (ASADA’s) regulatory functions. The National Sports Tribunal Bill 2019 and the...

Extension of relief for SMEs undertaking certain fundraising and investment activities

Aust Gov

26th March 2019

Extension of class order relief for Business Introduction or Matching Services without significant amendments – Australian Securities and Investments Commission

On 20 March 2019, the Australian Securities and Investments Commission (ASIC) extended the relief provided by ASIC Corporations (Repeal and Transitional) Instrument 2017/186 (the Instrument), without significant amendment, for a period of 3 years until 1 April 2022.

The Instrument provides conditional exemptions from...

ACMA Television Program Standard - Australian content in advertising

Aust Gov

26th March 2019

Remaking of Sunsetting Instrument without Significant Amendments – Australian Communications and Media Authority

On 13 December 2018, the Australian Communications and Media Authority (ACMA) remade the above instrument without materially significant amendments. The new instrument commenced on 1 January 2019 and replaced the earlier instrument that was scheduled to sunset on 1 April 2019.

The objective of the standard is to ensure that the majority of advertisements on...

ASIC Corporations (Warrants: Out-of-use notices) Instrument 2019/148

Aust Gov

25th March 2019

Remaking of sunsetting instrument without significant amendments - Australian Securities and Investments Commission

On 12 March 2019, the Australian Securities and Investments Commission (ASIC) remade Class Order [CO 08/781] Warrants: Out of use notices in the ASIC Corporations (Warrants: Out-of-use notices) Instrument 2019/148 (ASIC Corporations Instrument 2019/148).

A Product Disclosure Statement (PDS) or supplementary PDS for warrants does not need to be lodged with ASIC....

Financial Sector (Transfer and Restructure) Regulations 2018

Aust Gov

6th March 2019

Remaking of sunsetting instrument without significant amendments – Department of the Treasury

On 6 December 2018 the Treasury remade the Financial Sector (Transfers of Business) Regulations 1999 (the 1999 Regulations), without significant amendment. The 1999 Regulations were scheduled to sunset on 1 April 2019, and are now remade as the Financial Sector (Transfer and Restructure) Regulations 2018 (the 2018 Regulations).

The Financial Sector (Transfer and Restructure) Act 1999...

Great barrier reef marine park regulations 2019

Aust Gov

6th March 2019

Remaking of Sunsetting Instrument without Significant Amendments – Great Barrier Reef Marine Park Authority

On 21 February 2019 the Governor‑General of the Commonwealth of Australia remade the Great Barrier Reef Marine Park Regulations 1983 as Great Barrier Reef Marine Park Regulations 2019 without significant amendments. The Regulations were scheduled to sunset on 1 April 2019.

The Great Barrier Reef Marine Park Regulations 2019 are the primary regulations in force under the...

Australian Postal Corporation (Performance Standards) Regulations 2019

Aust Gov

6th March 2019

Remaking of sunsetting instrument without significant amendments - Department of Communications and the Arts

The Governor General remade the Australian Postal Corporation (Performance Standards) Regulations 1998, which were scheduled to sunset on 1 April 2019, without significant amendments. The instrument was replaced by the Australian Postal Corporation (Performance Standards) Regulations 2019 on 13 February 2019.

The regulations set requirements on Australia Post in...

Telecommunications (Arbitration) Regulations 2018

Aust Gov

6th March 2019

Remaking of Sunsetting Instrument without Significant Amendments – Department of Communications and the Arts

On 6 December 2018, the Governor-General made the Telecommunications (Arbitration) Regulations 2018. The regulations replace the Telecommunications (Arbitration) Regulations 1997 and provide rules and procedures for the arbitration of disputes by the Australian Consumer and Competition Commission (ACCC) about access to certain services under the Telecommunications Act 1997 and...

Industry funding for Australian Securities and Investments Commission

Aust Gov

5th March 2019

Regulation Impact Statement – Department of the Treasury

On 30 March 2017, the Government introduced legislation to enable the recovery of the regulatory costs of the Australian Securities and Investments Commission (ASIC), commencing 1 July 2017.

ASIC formerly received around 15 per cent of its funding through fees collected from industry participants, but was largely funded through budget appropriations for its regulatory activities. This was inconsistent with the Government’...