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senate vote 2021-10-18#4
Edited by
mackay staff
on
2021-12-17 11:44:13
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Title
Description
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- The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?gid=2021-10-18.185.1) to keep [the bill](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr6749%22) as it is. In parliamentary jargon, they voted "*that the bill stand as printed*".
- ### What does this bill do?
According to the bills digest:- According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2122a/22bd016):
- > *The purpose of the [Export Finance and Insurance Corporation Amendment (Equity Investments and Other Measures) Bill 2021](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr6749%22) (the Bill) is to give legislative effect to the Government’s decision to broaden the range of transactions that [Export Finance Australia](https://en.wikipedia.org/wiki/Export_Finance_Australia) (EFA) can finance.*
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- > *Specifically, the Bill will amend the Export Finance and Insurance Corporation Act 1991 (the EFIC Act) to:*
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- > * *permit EFA to make equity investments and*
> * *permit EFA Australia to offer standalone guarantees for overseas infrastructure transactions.*- > * *permit EFA Australia to offer standalone guarantees for overseas infrastructure transactions.*
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senate vote 2021-10-18#4
Edited by
mackay staff
on
2021-12-17 11:29:08
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Title
Bills — Export Finance and Insurance Corporation Amendment (Equity Investments and Other Measures) Bill 2021; in Committee- Export Finance and Insurance Corporation Amendment (Equity Investments and Other Measures) Bill 2021 - in Committee - Keep bill as is
Description
<p class="speaker">Deborah O'Neill</p><p>The question is that the bill stand as printed.</p>-
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?gid=2021-10-18.185.1) to keep [the bill](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr6749%22) as it is. In parliamentary jargon, they voted "*that the bill stand as printed*".
- ### What does this bill do?
- According to the bills digest:
- > *The purpose of the [Export Finance and Insurance Corporation Amendment (Equity Investments and Other Measures) Bill 2021](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id%3A%22legislation%2Fbillhome%2Fr6749%22) (the Bill) is to give legislative effect to the Government’s decision to broaden the range of transactions that [Export Finance Australia](https://en.wikipedia.org/wiki/Export_Finance_Australia) (EFA) can finance.*
- >
- > *Specifically, the Bill will amend the Export Finance and Insurance Corporation Act 1991 (the EFIC Act) to:*
- >
- > * *permit EFA to make equity investments and*
- > * *permit EFA Australia to offer standalone guarantees for overseas infrastructure transactions.*
<p></p><p></p> -
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