Prototype Legislation B
In September 2022, the ALRC released prototype legislation to illustrate the ALRC’s proposed legislative model for financial services regulation. In particular, Prototype Legislation B illustrates how Proposals B1–B9 and B15 discussed in Interim Report B could be implemented.
Prototype Legislation B is accompanied by an Explanatory Note and a Reverse Concordance Table.
Prototype Legislation B further develops the legislative model first introduced in Prototype Legislation A, focussing on aspects of the law related to financial product disclosure.
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Prototype Legislation A
In November 2021, the ALRC released prototype legislation to illustrate how some of the reforms discussed in Interim Report A could be implemented. The prototype legislation includes explanatory notes and a concordance table.