The exposure draft of the Cheques Regulations 2017 remakes the Cheques Regulations 1987 (the Regulations), which is due to sunset on 1 April 2018.
The exposure draft proposes design changes to the Regulations to remove redundant provisions that have no effect, use language more consistent with the Act, for example, referring to ‘registered bodies’ rather than ‘registered corporations’, and simplifying provisions reflecting contextual changes to align with current drafting practices such as referring to ‘sections’ rather than ‘regulations’. These changes are not intended to alter the substantive meaning or operations of the relevant provisions. Further details on the Regulations are contained in the Explanatory Statement.
The community’s views are sought on the proposed Cheques Regulations 2017.
You can submit responses to this consultation up until 1 December 2017.
Interested parties are invited to comment on this consultation.
While submissions may be lodged electronically or by post, electronic lodgement is preferred. For accessibility reasons, please submit responses sent via email in a Word or RTF format. An additional PDF version may also be submitted.
All information (including name and address details) contained in submissions will be made available to the public on the Treasury website unless you indicate that you would like all or part of your submission to remain in confidence. Automatically generated confidentiality statements in emails do not suffice for this purpose. Respondents who would like part of their submission to remain in confidence should provide this information marked as such in a separate attachment.
Legal requirements, such as those imposed by the Freedom of Information Act 1982, may affect the confidentiality of your submission.
How to respond
Address written submissions to:
Banking Insurance and Capital Markets Unit Manager
Financial System Division
PARKES ACT 2600