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DEPARTMENT OF THE TREASURY [2011] AUSStaCSDLM 20 (10 February 2011)

DEPARTMENT OF THE TREASURY

A New Tax System (Goods and Services Tax) (Exempt Taxes, Fees and Charges) Determination 2011 (No. 1) under section 81-5 of the A New Tax System (Goods and Services Tax) Act 1999

[F2010L03352]
Made
15/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Specifies those taxes, fees and charges that are excluded from the scope of the goods and services tax base.

Amendments to Australian Accounting Standards AASB 2010-5: [AASB 1, 3, 4, 5, 101, 107, 112, 118, 119, 121, 132, 133, 134, 137,139, 140, 1023 & 1038 and Interpretations 112, 115, 127, 132 & 1042]

[F2010L03081]
Made
27/10/2010
Tabled
8/02/2011 S
25/11/2010 HR
Summary
Amends several Australian Accounting Standards as a consequence of editorial corrections made by the International Accounting Standards Board to its Standards and Interpretations and by the Australian Accounting Standards Board to its pronouncements.

Amendments to Australian Accounting Standards AASB 2010-6: Disclosures on Transfers of Financial Assets [AASB1 & AASB 7]

[F2010L03082]
Made
8/11/2010
Tabled
8/02/2011 S
25/11/2010 HR
Summary
Amends the Australian Accounting Standards AASB 1 and AASB 7 as a consequence of amendments made by the International Accounting Standards Board.

ASIC Class Order [CO 10/1034]

[F2010L03103]
Made
22/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Exempts certain types of instalment warrants from certain obligations imposed on margin lenders.

ASIC Class Order [CO 10/1037]

[F2011L00059]
Made
24/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Amends Class Order [CO 10/29] by inserting new provisions that define ‘short position’.

ASIC Class Order [CO 10/1219]

[F2010L03227]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Varies the operation of the Act to provide for the online delivery of Product Disclosure Statements, Financial Service Guides, Supplementary Financial Service Guides and Statements of Advice.

ASIC Class Order [CO 10/1225]

[F2010L03247]
Made
13/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Extends until 1 April 2011 the deadline by which fund raising special purpose entities and securitisation entities must join and continue to be a member of an external dispute resolution scheme.

ASIC Class Order [CO 10/1230]

[F2010L03310]
Made
16/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Specifies exemptions for credit providers from certain requirements in the Code concerning the provision of disclosure documents.

ASIC Class Order [CO 10/1257]

[F2010L03378]
Made
21/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Extends the transitional period for compliance with certain breach reporting conditions in Class Order [CO08/1] by six months.

ASIC Class Order [CO 10/1269]

[F2010L03429]
Made
23/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Corrects an error in ASIC Class Order [CO 10/1230], restoring the application of regulation 28N of the National Consumer Credit Protection Regulations 2010 in relation to credit proposal disclosure documents and lease proposal disclosure documents.

Australian Prudential Regulation Authority (confidentiality) determination No. 20 of 2010 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2010L03114]
Australian Prudential Regulation Authority Act 1998
Made
23/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Provides that information provided to APRA by locally-incorporated banks and foreign authorised deposit taking institutions under Reporting Standard ARS 320.0 is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 21 of 2010 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2010L03150]
Australian Prudential Regulation Authority Act 1998
Made
30/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Provides that information provided to APRA by life insurers and friendly societies under specified Reporting Standards is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 22 of 2010 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2010L03204]
Australian Prudential Regulation Authority Act 1998
Made
6/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Provides that information provided to APRA by general insurers under certain Reporting Standards is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 23 of 2010 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2010L03419]
Australian Prudential Regulation Authority Act 1998
Made
23/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Provides that information provided to APRA by locally-incorporated banks and foreign authorised deposit taking institutions under Reporting Standard ARS 320.0 is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 24 of 2010 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2011L00061]
Australian Prudential Regulation Authority Act 1998
Made
29/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Provides that information provided to APRA by life insurers and friendly societies under certain Reporting Standards is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 01 of 2011 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2011L00155]
Australian Prudential Regulation Authority Act 1998
Made
21/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Determines that information provided to APRA by locally-incorporated banks and foreign authorised deposit taking institutions under Reporting Standard ARS 320.0 is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 02 of 2011 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2011L00121]
Australian Prudential Regulation Authority Act 1998
Made
14/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Determines that information provided to APRA by trustees of superannuation entities under specified Reporting Standards is non-confidential.

Australian Prudential Regulation Authority (confidentiality) determination No. 03 of 2011 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2011L00148]
Australian Prudential Regulation Authority Act 1998
Made
18/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Determines that certain information provided to APRA by specified superannuation entities under Reporting Standard 100.0 is used to calculate and publish the calculated 30 June rate of return.

Australian Prudential Regulation Authority (confidentiality) determination No. 04 of 2011 under section 57 of the Australian Prudential Regulation Authority Act 1998

[F2011L00156]
Australian Prudential Regulation Authority Act 1998
Made
19/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Determines that information provided to APRA by life insurers and friendly societies under specified Reporting Standards is non-confidential.

Australian Prudential Regulation Authority instrument fixing charges No. 01 of 2010 under paragraph 51(1)(b) of the Australian Prudential Regulation Authority Act 1998

[F2010L03353]
Australian Prudential Regulation Authority Act 1998
Made
17/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Repeals a previous instrument and fixes charges to be paid in connection with applications for authorisation as an authorised deposit-taking institution, as a general insurer and as a life company.

Australian Prudential Regulation Authority instrument fixing charges No. 04 of 2010 under paragraphs 51(1)(a) and 51(1)(b) of the Australian Prudential Regulation Authority Act 1998

[F2010L03356]
Australian Prudential Regulation Authority Act 1998
Made
17/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Repeals a previous instrument and fixes charges to be paid by representative offices of foreign banks in Australia.

Australian Prudential Regulation Authority instrument fixing charges No. 05 of 2010 under paragraph 51(1)(b) of the Australian Prudential Regulation Authority Act 1998

[F2010L03357]
Australian Prudential Regulation Authority Act 1998
Made
17/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Repeals a previous instrument and fixes charges to be paid by applicants seeking authorisation or registration as a non-operating holding company.

Australian Securities and Investments Commission Amendment Regulations 2010 (No. 05)

Select Legislative Instrument 2010 No. 331
[F2010L03187]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Amend the principal Regulations to specify that ‘financial service’ can include off-market offers for financial products.

Banking exemption No. 1 of 2010 under subsection 11(1) of the Banking Act 1959

[F2010L03360]
Made
20/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Specifies exemptions from certain reporting requirements for authorised deposit-taking institutions that hold Farm Management Deposits.

Banking (prudential standard) determination No. 1 of 2010 under 11AF(1) and 11AF(3) of the Banking Act 1959

[F2010L03202]
Made
17/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Revokes and replaces Prudential Standard APS 112 Capital Adequacy: Standardised Approach to Credit Risk which applies to authorised deposit-taking institutions.

Consumer Product Safety Standard — Movable Soccer Goals under subsection 65E(1) of the Trade Practices Act 1974

Consumer Protection Notice No. 28 of 2010
[F2010L03061]
Made
16/11/2010
Tabled
8/02/2011 S
25/11/2010 HR
Summary
Specifies a revised standard for movable soccer goal posts.

Consumer Protection Notice No. 10 of 1991 under section 65C(7) of the Trade Practices Act 1974

[F2010L03294]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on chewing tobacco and snuffs intended for oral use.

Consumer Protection Notice No. 17 of 1993 under section 65C(7) of the Trade Practices Act 1974

[F2010L03295]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on gas masks which contain asbestos.

Consumer Protection Notice No. 07 of 2002 under section 65C(7) of the Trade Practices Act 1974

[F2010L03296]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on candles with wicks containing lead.

Consumer Protection Notice No. 07 of 2003 under section 65C(7) of the Trade Practices Act 1974

[F2010L03297]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on tinted headlight covers of a certain specification.

Consumer Protection Notice No. 02 of 2004 under section 65C(7) of the Trade Practices Act 1974

[F2010L03298]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on mini-cup jelly confectionary products containing konjac.

Consumer Protection Notice No. 04 of 2009 under section 65C(7) of the Trade Practices Act 1974

[F2010L03279]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on toothpaste containing more than a specified amount of diethylene glycol.

Consumer Protection Notice No. 19 of 2009 under section 65C(5) of the Trade Practices Act 1974

[F2010L03280]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on inflatable toys, novelties or furniture which contain small beads.

Consumer Protection Notice No. 25 of 2009 under section 65C(5) of the Trade Practices Act 1974

[F2010L03281]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on toy-like novelty cigarette lighters.

Consumer Protection Notice No. 04 of 2010 under section 65C(7) of the Trade Practices Act 1974

[F2010L03299]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on ‘Fire Footbags’ and other similar goods.

Consumer Protection Notice No. 06 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03282]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on children’s plastic products with more than 1 per cent diethylhexyl phthalate.

Consumer Protection Notice No. 14 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03283]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on combustible candle holders.

Consumer Protection Notice No. 17 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03284]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on imitation cigarettes.

Consumer Protection Notice No. 18 of 2010 under section 65C(7) of the Trade Practices Act 1974

[F2010L03300]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on the ‘No Holes Tongue Stud’ and similar devices.

Consumer Protection Notice No. 19 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03291]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on inflatable toys, novelties or furniture which contain small beads.

Consumer Protection Notice No. 20 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03288]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on monkey bikes.

Consumer Protection Notice No. 21 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03290]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on yo-yo water balls.

Consumer Protection Notice No. 22 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03289]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on children’s art, craft or stationery sets containing an undeclared knife or cutter.

Consumer Protection Notice No. 26 of 2010 under section 65C(5) of the Trade Practices Act 1974

[F2010L03292]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes an interim ban on certain types of pool and spa skimmer boxes.

Corporations Amendment Regulations 2010 (No. 09)

Select Legislative Instrument 2010 No. 301
[F2010L03094]
Made
24/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Amend the principal Regulations to permit the Minister to approve the use of excess funds from the National Guarantee Fund to cover costs incurred by a market licensee or by ASIC in connection with market supervision responsibilities undertaken by ASIC, and make other minor amendments.

Corporations Amendment Regulations 2010 (No. 10)

Select Legislative Instrument 2010 No. 332
[F2010L03186]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Amend the principal Regulations to prescribe additional matters relating to the registers of members, and correct errors in those Regulations.

Currency (Perth Mint) Determination 2010 (No. 3) under sections 13 and 13A of the Currency Act 1965

[F2011L00160]
Made
24/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Specifies the design and characteristics of several coins to be issued by the Perth Mint.

Currency (Royal Australian Mint) Determination 2010 (No. 6) under subsection 13A(1) of the Currency Act 1965

[F2011L00100]
Made
16/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Specifies the design and characteristics of several coins that form part of the Mint’s 2011 numismatic program.

Financial Sector (Collection of Data) Exemption No. 3 of 2010 under subsection 16(1) of the Financial Sector (Collection of Data) Act 2001

[F2010L03410]
Made
20/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Exempts a named company from the requirement to comply with specified reporting standards.

Financial Sector (Collection of Data) (reporting standard) determination No. 14 of 2010 under subsection 13(1) of the Financial Sector (Collection of Data) Act 2001

[F2010L03115]
Made
19/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Revokes five international exposure reporting standards.

Income Tax (Transitional Provisions) Regulations 2010

Select Legislative Instrument 2010 No. 302
[F2010L03105]
Made
24/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Specify what constitutes a permanent disability for the purpose of transitional provisions introduced by the Superannuation Legislation Amendment Act 2010.

Life Insurance (prudential standard) determination No. 11 of 2010 under subsections 230A(1); 230A(5) and 252(4) of the Life Insurance Act 1995

[F2010L03285]
Made
13/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Revokes one Prudential Standard and one set of Prudential Rules, and determines in their place the Prudential Standard LPS 600 Statutory Funds which applies to all life companies that are not friendly societies.

Life Insurance (prudential standard) determination No. 12 of 2010 under subsections 230A(1); 230A(5) and 252(4) of the Life Insurance Act 1995

[F2010L03286]
Made
13/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Revokes Prudential Rules Nos. 36 to 46 and Prudential Standard LPS 902, and determines Prudential Standard LPS 700 Friendly Society Benefit Funds which applies to all life companies that are friendly societies.

National Consumer Credit Protection Amendment Regulations 2010 (No. 4)

Select Legislative Instrument 2010 No. 333
[F2010L03196]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Provide transitional relief until 1 April 2011 from requirements concerning the provision of specified disclosure documents, subject to certain conditions.

National Consumer Credit Protection Legislation Amendment Regulations 2010 (No. 3)

Select Legislative Instrument 2010 No. 303
[F2010L03104]
Made
24/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Make a number of amendments to the National Consumer Credit Protection Regulations 2010, the National Consumer Credit Protection (Transitional and Consequential Provisions) Regulations 2010 and the National Consumer Credit Protection (Fees) Regulations 2010.

Notice of Permanent Ban — Glucomannan in tablet form under section 65C(7) of the Trade Practices Act 1974

[F2010L03293]
Made
1/01/2011
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Imposes a permanent ban on glucomannan in tablet form.

Occasional payroll donations to deductible gift recipients No. 2 under subdivision 12-B of Schedule 1 to the Taxation Administration Act 1953

[F2010L03246]
Made
10/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Varies the amount of withholding required by a payer under the pay as you go withholding system for payees who make donations to a deductible gift recipient under an occasional workplace giving arrangement implemented by their payer.

Permanent Ban on Children's Products containing more than 1% Diethyhexyl Phthalate (DEHP) under subsection 114(1)(a) of Schedule 2 of the Competition and Consumer Act 2010

Consumer Protection Notice No. 11 of 2011
[F2011L00192]
Made
1/02/2011
Tabled
10/02/2011 S
10/02/2011 HR
Summary
Imposes a permanent ban on certain children’s products containing more than 1% of diethylhexyl phthalate.

Statistics Amendment Regulations 2010 (No. 1)

Select Legislative Instrument 2010 No. 304
[F2010L03100]
Made
24/11/2010
Tabled
8/02/2011 S
25/11/2010 HR
Summary
Amend the principal Regulations to prescribe offences for failing to arrange for or permit entry of Australian Bureau of Statistics officers to common areas of prescribed premises.

Tax Agent Services Amendment Regulations 2010 (No. 2)

Select Legislative Instrument 2010 No. 334
[F2010L03183]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Amend the principal Regulations concerning the recognition of BAS agent associations, and make minor technical and correcting amendments.

Taxation Administration Amendment Regulations 2010 (No. 4)

Select Legislative Instrument 2010 No. 335
[F2010L03174]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Add Gibraltar and Guernsey to the list of foreign countries or territories that are information exchange countries.

Trade Practices Amendment (Australian Consumer Law — Corded Internal Window Coverings) Transitional Regulations 2010

Select Legislative Instrument 2010 No. 305
[F2010L03093]
Made
24/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Save certain State and Territory regulatory instruments relating to corded internal window coverings for a specified period.

Trade Practices Amendment Regulations 2010 (No. 4)

Select Legislative Instrument 2010 No. 336
[F2010L03175]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Prescribe two additional professional standards schemes and re-prescribe another scheme, for the purposes of section 87AB of the Trade Practices Act 1974.

Trade Practices (Australian Consumer Law) Amendment Regulations 2010 (No. 1) Amendment Regulations 2010 (No. 1)

Select Legislative Instrument 2010 No. 337
[F2010L03184]
Made
8/12/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Amend the principal Amendment Regulations to provide for a change to the title of the Trade Practices Act 1974, and to correct drafting errors.

Trade Practices (Consumer Product Safety Standard — Corded Internal Window Coverings) Amendment Regulations 2010 (No. 1)

Select Legislative Instrument 2010 No. 306
[F2010L03089]
Made
24/11/2010
Tabled
8/02/2011 S
8/02/2011 HR
Summary
Insert transitional provisions into the principal Regulations.

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