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Overseas Investment (Urgent Measures) Amendment Bill

This omnibus bill is 1 of 2 bills introduced as a package to replace the Overseas Investment Amendment Bill (No 2). The purpose of this bill is to ensure that risks posed by foreign investment can be managed effectively while better supporting productive overseas investment by reducing the regulatory burden of the screening process.

Bill information

Progress of the bill

What do the symbols mean?

In: Bill Introduced: The bill is made available for the House to consider. 1: First Reading: MPs debate and vote on the bill. If successful, it is usually sent to a select committee. SC: Select Committee: The select committee gathers information and prepares a report on the bill for the House, including recommending changes to the bill. 2: Second Reading: The House debates the select committee report and votes on the bill. CH: Committee of Whole House: MPs consider the bill in detail and vote on proposed changes. 3: Third Reading: Final debate and vote. If successful, the bill has been passed. RA: Royal Assent: Bill signed by Governor-General and becomes an Act. No code: Fail/Withdrawn: A bill fails if the vote is lost at first, second, or third reading. The member in charge of a bill may withdraw it. _________________________________________________ Note: this simple progress display does not cover all possible stages for a particular bill. Where a date is shown in brackets, this means the debate has been interrupted. See the Bill History content for more details.

In Bill
Introduced
14/05/20
1 First
Reading
14/05/20
SC Select
Committee
25/05/20
2 Second
Reading
27/05/20
CH Committee of
whole House
27/05/20
3 Third
Reading
27/05/20
RA Royal
Assent
02/06/20

Bill History

This omnibus bill is 1 of 2 bills introduced as a package to replace the Overseas Investment Amendment Bill (No 2). The purpose of this bill is to ensure that risks posed by foreign investment can be managed effectively while better supporting productive overseas investment by reducing the regulatory burden of the screening process.
Member in charge: Hon David Parker
Type of Bill: Government
Parliament: 52
Bill no: 261-2
Introduction: 14 May 2020
First reading: 14 May 2020
Referred to: Finance and Expenditure Committee
Submissions due: 18 May 2020
SC Report(s): 25 May 2020
Second reading: 27 May 2020
Supplementary Order Paper(s): 507
Committee of the whole House: (27 May 2020)
27 May 2020
Third reading: 27 May 2020
Royal assent: 02 Jun 2020
Act: Overseas Investment (Urgent Measures) Amendment Act 2020 (2020/21)