04 Sep 08 Further First Home Saver Bills introducedOn 4 September 2008, the following 2 Bills were introduced into the House of Representatives:
- First Home Saver Accounts (Further Provisions) Amendment Bill 2008
- First Home Saver Account Providers Supervisory Levy Imposition Bill 2008
The First Home Saver Account Providers Supervisory Levy Imposition Bill 2008 (FHSA Supervisory Levy Bill) introduces a framework for imposing a levy on FHSA providers to provide funding for the Australian Prudential Regulation Authority (APRA) to carry out its supervision of financial institutions which offer FHSAs.
For a copy of the Explanatory Memorandum, go here