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Call for Submissions

Submissions closed on Friday, 17 January 2014.

Objectives of the Bill

The objectives of the Agents Financial Administration Bill 2013 are to:

1. Provide for the repeal of the Property Agents and Motor Dealers Act 2000 (PAMD Act) and split of the PAMD Act as one of a suite of four Acts for this purpose. Together with three industry-specific Acts which will provide for the licensing and regulation of certain occupations, the Agents Financial Administration Bill 2013 (AFA Bill) will include the provisions of the PAMD Act pertaining to trust accounts and the claim fund, thus providing a group of Acts that will simplify and improve the regulation previously provided by the PAMD Act, creating Acts that are responsive to the needs of the industries they will regulate, and offering red tape reduction.
2. Streamline the claim fund processes to deliver red tape reduction measures for government, industry and consumers.

Other Information

The Agents Financial Administration Bill 2013 and Explanatory Notes are available from the Office of the Queensland Parliamentary Counsel at www.legislation.qld.gov.au.

The Hansard transcript of the introductory speech for the Bill can be accessed here.

Public Briefing

The Committee held a public briefing on this Bill, and a number of other Bills, with the Department of Justice and Attorney-General at Parliament House, Brisbane on Thursday 12 December 2013.

The briefing was broadcast live on the Queensland Parliament website.

Copies of the final transcript can be accessed here or at Related Publications.

Reasons for the Bill

Further information, including the reasons for the Bill, appear in the Explanatory Notes which can be viewed here.

Referral

On 20 November 2013 the Attorney-General and Minister for Justice, the Honourable Jarrod Bleijie MP, introduced the Agents Financial Administration Bill 2013 into the Queensland Parliament.  In accordance with Standing Order 131 of the Standing Rules and Orders of the Legislative Assembly, the Bill was referred to the Legal Affairs and Community Safety Committee (the Committee) for detailed consideration.

By motion of the Committee of the Legislative Assembly, the Committee is required to report to the Parliament by 24 February 2014.

Report

On 24 February 2014, the Committee tabled its Report No. 54, Agents Financial Administration Bill 2013. A copy of the report is available here or can be accessed at Related Publications.

The Government tabled its response to the Committee's report on 6 May 2014. A copy of the Government Response is available here or can be accessed at Related Publications.

The Agents Financial Administration Bill 2013 was passed, with amendment, by the Legislative Assembly on 6 May 2014.