Debate resumed from 12 May, on motion by Mr Hockey:

That the bill be now read a second time.

upon which Mr Kelvin Thomson moved by way of amendment:

That all words after "That" be omitted with a view to substituting the following words:

"whilst not declining to give the Bill a second reading, the House condemns the Government for the financial uncertainty and hardship it has caused Do It Yourself superannuation fund trustees and fund members, many of which are operated by small businesses, in taking nearly 12 months since it announced its changes to introduce and debate this legislation."