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The Treasury Laws Amendment (Banking Executive Accountability and Related Measures) Bill 2018 (i.e. the BEAR Bill) has passed both Houses of Parliament today.
The next step is for the Governor-General to give royal assent.
A few changes were debated:
If you are interested, the Second reading speeches can be found here.
Please click here to view our previous summary of the key features of the BEAR.
If you would like help with any aspect relating to the introduction of BEAR, please get in touch with one of our BEAR Contacts below:
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