Scams Prevention Framework Bill 2025

Senator GALLAGHER (Australian Capital Territory—Minister for the Public Service, Minister for Finance, Minister for Women, Manager of Government Business in the Senate and Vice-President of the Executive Council) (18:56): I table a supplementary explanatory memorandum relating to the government amendments to be moved to the Scams Prevention Framework Bill 2025.

The PRESIDENT: The question is that the government amendments on sheet FR102 be agreed to. Government's circulated amendments— (1) Schedule 1, item 1, page 13 (line 9), before "Matters", insert "(1)". (2) Schedule 1, item 1, page 13 (after line 16), at the end of section 58BB, add: (2) In determining whether a regulated entity has taken reasonable steps for the purposes of a provision of this Division, the primary consideration must be the matter in paragraph (1)(e) (if applicable).

(3) Schedule 1, item 1, page 30 (after line 34), after subsection 58BZE(1), insert: (1A) To avoid doubt, guidelines prescribed for the purposes of subparagraph (1)(b)(ii) do not have to be consistent with sections 58FZD to 58FZK (about proportionate liability for concurrent wrongdoers in actions for damages). (4) Schedule 1, item 1, page 44 (after line 24), at the end of Subdivision B, add: 58EFA Roles and responsibilities statement (1) The SPF general regulator must publish a statementon its website summarising, in general terms, the roles and responsibilities of: (a) each SPF regulator; and (b) each operator of an SPF EDR scheme; and (c) any other entity the SPF general regulator considers appropriate; with respect to the regulation, enforcement and administration of the SPF provisions.

Note: The purpose of the statement is to explain these matters at a high level. (2) Before publishing the statement, the SPF general regulator must consult the entities mentioned in subsection (1). (3) The statement is not a legislative instrument.