Parliament passes Modern Slavery Bill

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Parliament passes Modern Slavery Bill

The Modern Slavery Bill 2018 has passed through the House of Representatives and has become law.

The Modern Slavery Bill 2018 has passed through the House of Representatives and has become law. 

It requires more than 3000 large businesses and other entities to be transparent and accountable about their modern slavery risks.
  
The Commonwealth will lead by example by publishing an annual whole-of-government modern slavery statement addressing these risks across government operations and supply chains.  

Assistant Minister for Home Affairs, Senator Linda Reynolds said the bill was a historic moment for Australia and would help abolish modern slavery within our communities.  

"The implementation of the Modern Slavery Reporting Requirement means entities with more than $100 million in annual consolidated revenue will be required to publish annual statements explaining their actions to address modern slavery risks in their operations and supply chains,” Assistant Minister Reynolds said. 

“The passage of this bill also means Australia is now the first nation to recognise orphanage trafficking as a form of modern slavery. 

“Reporting entities with activities or supply chains which support orphanages will need to assess and report on any risks relating to modern slavery in these operations.” 

The government will also establish an online public register for all statements.  

Entities covered by the reporting requirement will begin reporting from 2019, with the first statements due in 2020. 
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