Treasury Laws Amendment (2022 Measures No. 4) Bill 2022

The majority voted in favour of a motion that schedule 2 remain as it is. This vote was put after NSW Senator Andrew Bragg (Liberal) proposed that that schedule be removed.

When proposing the amendment to oppose the schedule, he explained that:

As I foreshadowed in my contribution to the second reading debate, this amendment excises the section which deals with the taxation treatment of digital currencies. It does that on the basis that there is a separate process underway through the Board of Taxation and this would introduce unnecessary regulatory risk in a very sensitive area. It will also do it on the basis that it won't be removing any consumer protections or, indeed, driving any new innovation.