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Wednesday, 25 June 1997
Page: 6296

Mr PROSSER (Minister for Small Business and Consumer Affairs)(5.14 p.m.) —I move:

That the bill be now read a second time.

This bill is the fourth of seven in the legislation package designed to give effect to the government's announcement in the 1997-98 budget that it would be cracking down on fuel substitution.

It provides for a penalty surcharge payable where fuel that has been entered for home consumption on a concessional basis, and accordingly marked with a chemical tracer, is subsequently sold for use in an internal combustion engine.

The penalty surcharge is payable by the person owning the fuel immediately before its sale.

I present the explanatory memorandum to the bill.

Debate (on motion by Mr Latham) adjourned.