Treasury submissions
We have been actively involved in working with a number of industry bodies to make submissions to Treasury in response to the new CCIV.
Submission to Treasury, October 2018 – Tranche 3
Treasury has released tranche 3 of the revised CCIV Bill, addressing some of the remaining gaps in the proposed CCIV framework, including depositary independence, deregistration, takeovers and disclosure. We have prepared a client alert summarising the changes and are also preparing a submission ahead of the 26 October deadline.
Submission to Treasury, August 2018 – Tranche 2
Treasury has released tranche 2 of the revised CCIV Bill, covering external administration, the application of the Chapter 7 financial services regime and corporate director liability. Allens is preparing a client alert summarising the changes and will also be preparing a submission ahead of the 10 August 2018 deadline.
Submission to Treasury, July 2018 – Tranche 1
Treasury has extended the deadline for providing submissions on the first tranche of the revised exposure draft CCIV legislation to Wednesday, 18 July 2018.
Submission to ASIC, December 2017
Treasury has released tranche 1 of the revised CCIV Bill. Allens is preparing a client alert summarising the changes and will also be preparing a submission ahead of the 11 July 2018 deadline.
Submission to Treasury, September 2017
Treasury has released for public consultation two bills that implement the tax and regulatory components of the CCIV regime and their related explanatory materials. We are preparing a client alert summarising the changes and are also preparing a submission ahead of the 28 February deadline.
