This is the Business Council of Australia submission to the Treasury consultation process on the exposure draft of the Treasury Laws Amendment (Measures for Consultation) Bill 2021: Use of technology for meetings and related amendments (the Bill). This is the second such draft bill released for consultation in 2021. The Business Council previously made a submission in support of the first draft Bill in July 2021.

The Bill proposes a number of targeted amendments to the Corporations Act 2001 (the Act) to permanently enact measures relating to virtual meetings and the electronic execution of documents that were implemented on a temporary basis in 2020 and again in 2021.

Read the full submission here.