The Clean Energy Finance Corporation (Abolition) Bill 2013 [No 2] was introduced in the House of Reps on Thur 20.3.2014. It seeks to give effect to the Government’s commitment to abolish the Clean Energy Finance Corporation (CEFC). The Bill repeals the Clean Energy Finance Corporation Act 2012 (CEFC Act). The Bill contains arrangements to ensure the orderly administration of investments and transfer of the existing contractual assets and liabilities of the CEFC to the Commonwealth to hold and manage. The original Clean Energy Finance Corporation (Abolition) Bill 2013 had previously been negatived at Second Reading stage in the Senate in December 2013.

[LTN 54, 20/3/14]

Clean Energy Finance Corporation (Abolition) Bill 2013 passes House of Representatives

The Clean Energy Finance Corporation (Abolition) Bill 2013 [No 2] was passed the House of Reps without amendment on 27 March 2014 and then introduced in the Senate on the same day. The Senate will resume debate on the Bill after it resumes on 14 May 2014.

The Bill was introduced in the House of Reps on 20 March 2014. It seeks to give effect to the Government’s commitment to abolish the Clean Energy Finance Corporation (CEFC). The Bill would repeal the Clean Energy Finance Corporation Act 2012 (CEFC Act). It contains arrangements to ensure the orderly administration of investments and transfer of the existing contractual assets and liabilities of the CEFC to the Commonwealth to hold and manage.

[LTN 61, 31/3/14]