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senate vote 2012-06-25#7
Edited by
system
on
2014-10-07 16:20:51
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Title
Description
The majority voted in favour of a [http://www.openaustralia.org/senate/?gid=2012-06-25.135.18 motion] that part 5 clauses 18 and 19 stand as printed. In other words, that part 5 clauses 18 and 19 remain unchanged.[http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 18] amends the ''Commonwealth Inscribed Stock Act 1911'' to raise the debt limit from $250 to $300. [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 19] is concerned with the application of Clause 19.This motion was put after Liberal Senator Mathias Cormann moved a [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Famend%2Fr4801_amend_b7f76918-77d4-478c-b7b5-6cef2da41fb4%22;rec=0 motion] that those two clauses be opposed.(Read Senator Cormann's explanation for his motion and the associated debate [http://www.openaustralia.org/senate/?id=2012-06-25.134.1 here].
)''Background to the bill''The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure.(Read more about appropriation bills and what they do more generally [http://en.wikipedia.org/wiki/Appropriation_bill here].
) It also amends the ''Commonwealth Inscribed Stock Act 1911'' to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.(You can find more about the bill, including its bills digest, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22 here].)References- The majority voted in favour of a [motion](http://www.openaustralia.org/senate/?gid=2012-06-25.135.18) that part 5 clauses 18 and 19 stand as printed. In other words, that part 5 clauses 18 and 19 remain unchanged.
- [Clause 18](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0) amends the _Commonwealth Inscribed Stock Act 1911_ to raise the debt limit from $250 to $300. [Clause 19](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0) is concerned with the application of Clause 19.
- This motion was put after Liberal Senator Mathias Cormann moved a [motion](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Famend%2Fr4801_amend_b7f76918-77d4-478c-b7b5-6cef2da41fb4%22;rec=0) that those two clauses be opposed.(Read Senator Cormann's explanation for his motion and the associated debate [here](http://www.openaustralia.org/senate/?id=2012-06-25.134.1). )
- _Background to the bill_
- The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure.(Read more about appropriation bills and what they do more generally [here](http://en.wikipedia.org/wiki/Appropriation_bill). ) It also amends the _Commonwealth Inscribed Stock Act 1911_ to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.(You can find more about the bill, including its bills digest, [here](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22).)
- References
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senate vote 2012-06-25#7
Edited by
system
on
2014-10-07 16:16:50
|
Title
Description
- The majority voted in favour of a [http://www.openaustralia.org/senate/?gid=2012-06-25.135.18 motion] that part 5 clauses 18 and 19 stand as printed. In other words, that part 5 clauses 18 and 19 remain unchanged.
- [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 18] amends the ''Commonwealth Inscribed Stock Act 1911'' to raise the debt limit from $250 to $300. [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 19] is concerned with the application of Clause 19.
This motion was put after Liberal Senator Mathias Cormann moved a [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Famend%2Fr4801_amend_b7f76918-77d4-478c-b7b5-6cef2da41fb4%22;rec=0 motion] that those two clauses be opposed.[1]- This motion was put after Liberal Senator Mathias Cormann moved a [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Famend%2Fr4801_amend_b7f76918-77d4-478c-b7b5-6cef2da41fb4%22;rec=0 motion] that those two clauses be opposed.(Read Senator Cormann's explanation for his motion and the associated debate [http://www.openaustralia.org/senate/?id=2012-06-25.134.1 here].
)
- ''Background to the bill''
The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure.[2] It also amends the ''Commonwealth Inscribed Stock Act 1911'' to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.[3]- The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure.(Read more about appropriation bills and what they do more generally [http://en.wikipedia.org/wiki/Appropriation_bill here].
) It also amends the ''Commonwealth Inscribed Stock Act 1911'' to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.(You can find more about the bill, including its bills digest, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22 here].)
- References
* [1] Read Senator Cormann's explanation for his motion and the associated debate [http://www.openaustralia.org/senate/?id=2012-06-25.134.1 here].* [2] Read more about appropriation bills and what they do more generally [http://en.wikipedia.org/wiki/Appropriation_bill here].* [3] You can find more about the bill, including its bills digest, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22 here].
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senate vote 2012-06-25#7
Edited by
mackay staff
on
2014-03-05 16:03:51
|
Title
Description
- The majority voted in favour of a [http://www.openaustralia.org/senate/?gid=2012-06-25.135.18 motion] that part 5 clauses 18 and 19 stand as printed. In other words, that part 5 clauses 18 and 19 remain unchanged.
- [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 18] amends the ''Commonwealth Inscribed Stock Act 1911'' to raise the debt limit from $250 to $300. [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 19] is concerned with the application of Clause 19.
- This motion was put after Liberal Senator Mathias Cormann moved a [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Famend%2Fr4801_amend_b7f76918-77d4-478c-b7b5-6cef2da41fb4%22;rec=0 motion] that those two clauses be opposed.[1]
- ''Background to the bill''
The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure. It also amends the ''Commonwealth Inscribed Stock Act 1911'' to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.[2]- The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure.[2] It also amends the ''Commonwealth Inscribed Stock Act 1911'' to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.[3]
- References
- * [1] Read Senator Cormann's explanation for his motion and the associated debate [http://www.openaustralia.org/senate/?id=2012-06-25.134.1 here].
* [2] You can find more about the bill, including its bills digest, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22 here].- * [2] Read more about appropriation bills and what they do more generally [http://en.wikipedia.org/wiki/Appropriation_bill here].
- * [3] You can find more about the bill, including its bills digest, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22 here].
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senate vote 2012-06-25#7
Edited by
mackay staff
on
2014-03-05 15:27:20
|
Title
Bills — Appropriation (Parliamentary Departments) Bill (No. 1) 2012-2013, Appropriation Bill (No. 1) 2012-2013, Appropriation Bill (No. 2) 2012-2013; Second Reading- Appropriation Bill (No. 2) 2012-2013 - Second Reading - Increase debt limit
Description
<p class='motion-notice motion-notice-truncated'>Long debate text truncated.</p>- The majority voted in favour of a [http://www.openaustralia.org/senate/?gid=2012-06-25.135.18 motion] that part 5 clauses 18 and 19 stand as printed. In other words, that part 5 clauses 18 and 19 remain unchanged.
- [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 18] amends the ''Commonwealth Inscribed Stock Act 1911'' to raise the debt limit from $250 to $300. [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;db=LEGISLATION;id=legislation%2Fbills%2Fr4801_aspassed%2F0005;query=Id%3A%22legislation%2Fbills%2Fr4801_aspassed%2F0001%22;rec=0 Clause 19] is concerned with the application of Clause 19.
- This motion was put after Liberal Senator Mathias Cormann moved a [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Famend%2Fr4801_amend_b7f76918-77d4-478c-b7b5-6cef2da41fb4%22;rec=0 motion] that those two clauses be opposed.[1]
- ''Background to the bill''
- The purpose of the bill is to appropriate money out of the Consolidated Revenue Fund for certain expenditure. It also amends the ''Commonwealth Inscribed Stock Act 1911'' to increase the cap on the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to from $250 billion to $300 billion.[2]
- References
- * [1] Read Senator Cormann's explanation for his motion and the associated debate [http://www.openaustralia.org/senate/?id=2012-06-25.134.1 here].
- * [2] You can find more about the bill, including its bills digest, [http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr4801%22 here].
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