Contents

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

2............ Commencement................................................................................... 2

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

4............ Independent review of operation of Schedule 1.................................. 2

Schedule 1--FinTech Sandbox Regulatory Licensing Exemptions        4

Part 1--Amendment of the Corporations Act 2001                                     4

Corporations Act 2001                                                                                               4

Part 2--Amendment of the National Consumer Credit Protection Act 2009      5

National Consumer Credit Protection Act 2009                                                   5

Schedule 2--Innovation measures                                                                               6

Part 1--Venture capital investments                                                                     6

Income Tax Assessment Act 1997                                                                              6

Part 2--Early stage investor tax offsets                                                              7

Income Tax Assessment Act 1997                                                                              7

Part 3--Managed investment trusts                                                                     10

Income Tax Assessment Act 1997                                                                            10

Part 4--Public trading trusts                                                                                   11

Income Tax Assessment Act 1936                                                                            11

 

 

 

Treasury Laws Amendment (2018 Measures No. 2) Act 2020

No. 8, 2020

 

An Act to amend the law relating to corporations, consumer credit and taxation, and for related purposes

[Assented to 26 February 2020]

The Parliament of Australia enacts: