royal_assent
Treasury Laws Amendment (Financial Services Compensation Scheme of Last Resort) Bill 2023
Portfolio: Treasury
Introduced8 March 2023
Passed House22 March 2023
Passed Senate22 June 2023
Royal assent3 July 2023
In plain English
Creates a backup fund to compensate Australians if their financial adviser or firm collapses.
Source: Australian Parliament House bill record
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