Banking and Finance Point-in-Time Service Updates

The Banking and Finance Point-in-Time Service has been updated to include the Administrative Review Tribunal Legislation Consequential Amendments (2024 Measures No. 1) Regulations 2024 (Cth).

Administrative Review Tribunal Legislation Consequential Amendments (2024 Measures No. 1) Regulations 2024

These regulations make minor consequential amendments to regulations across the Commonwealth statute book to align with the Administrative Review Tribunal Act 2024 (the ART Act). The ART Act establishes the Administrative Review Tribunal (ART) as a fit-for-purpose federal administrative review body which will replace the Administrative Appeals Tribunal (AAT). These regulations:

• update terminology, such as repealing outdated references to the Administrative Appeals Tribunal, the AAT and the Administrative Appeals Tribunal Act 1975 (the AAT Act) and replacing them with references to the Administrative Review Tribunal, the ART and the ART Act; and
• update and replace references to provisions of the AAT Act with references to the equivalent, or broadly equivalent provisions under the ART Act. This includes updating provisions with legislative references in respect of notification requirements, jurisdiction provisions, timeframe, fees, among others.

These amendments have been updated in the Point-in-Time Banking and Finance Service current to 17 October 2024. (NB: Subscription required).

If you are not already a subscriber to this or other Point-in-Time Services then please contact us to find out more or to take a free trial.