Scrutiny of Acts and Regulations Committee

Report on Redundant Corporations Laws,
December 2008

Reference to Committee

[Table of Contents]

Extracted from the Minutes of the Proceedings
of the Legislative Council

No 8 — Thursday 1 March 2007

7. PARLIAMENTARY COMMITTEE REFERENCES— Motion made and question — That under s. 33 of the Parliamentary Committees Act 2003 the following matters be referred to the joint investigatory committees specified:

…

(17) To the Scrutiny of Acts and Regulations Committee — for inquiry, consideration and report by the last sitting day in 2008:

(a) in conjunction with Chief Parliamentary Counsel, make recommendations on —

(i) Acts of Parliament and provisions of Acts of Parliament which are unnecessary or redundant; and

(ii) legislative instruments made under an Act of Parliament and provisions of legislative instruments made under an Act of Parliament, which are unnecessary or redundant; and

(iii) Acts of Parliament and provisions of Acts of Parliament which are unclear, ambiguous or should be re-drafted; and

(iv) legislative instruments made under an Act of Parliament and provisions of legislative instruments made under an Act of Parliament which are unclear, ambiguous or should be re-drafted;

(b) the implications of the national corporations regulatory framework and whether as a consequence of the referral of corporations powers to the Parliament of the Commonwealth any Victorian Acts should be repealed and if so whether any existing provisions should be saved by inclusion into other appropriate legislation; this consideration should include:

(i) Companies Act 1961;

(ii) Companies Act 1975;

(iii) Companies (Application of Laws) Act 1981;

(iv) Securities Industry Act 1975;

(v) Securities Industry (Application of Laws) Act 1981;

(vi) Marketable Securities Act 1970;

(vii) Collusive Practices Act 1965;

and, in the conduct of this inquiry, the Committee is requested to pursue the primary objects of reducing the number and complexity of Victorian Acts and legislative instruments, and ensuring that Acts and instruments are clearly expressed in accordance with modern drafting practices.

(Mr Batchelor) — put, after debate, and agreed to.

Scrutiny of Acts and Regulations Committee
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