2013‑2014

The Parliament of the

Commonwealth of Australia

HOUSE OF REPRESENTATIVES

Presented and read a first time

Automotive Transformation Scheme Amendment Bill 2014

No.      , 2014

(Industry)

A Bill for an Act to amend the Automotive Transformation Scheme Act 2009, and for related purposes

Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedules............................................................................................ 2

Schedule 1—Amendments                                                                                                3

Automotive Transformation Scheme Act 2009                                                       3

A Bill for an Act to amend the Automotive Transformation Scheme Act 2009, and for related purposes

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Automotive Transformation Scheme Amendment Act 2014.

2  Commencement

                   This Act commences on the day this Act receives the Royal Assent.

3  Schedules

                   Legislation that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Automotive Transformation Scheme Act 2009

1  Section 4 (paragraph (a) of the definition of stage 2)

Omit “2020”, substitute “2017”.

2  Section 4 (paragraph (b) of the definition of stage 2)

Omit “2021”, substitute “2018”.

3  Paragraph 8(1)(a)

Omit “$1.5 billion”, substitute “$1.3 billion”.

4  Paragraph 8(1)(b)

Omit “$1 billion”, substitute “$300 million”.