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Monday, 16 June 2003
Page: 16561


Mr Murphy asked the Attorney-General, upon notice, on 6 March 2003:

What action is he taking to amend laws to prevent Mr Bill Davison, SC, from using bankruptcy and family law on a third occasion to put his assets out of reach of the Taxation Commissioner and thereby avoid paying tax.


Mr Williams (Attorney-General) —The answer to the honourable member's question is as follows:

The Government is not taking any specific action directed at Mr Davison. Suggested changes to bankruptcy and family law in respect of the activities of high income professionals are considered in an issues paper released in November 2002 by ITSA and the Attorney-General's Department (AGD). The paper was open for comment from the community and professional bodies until 20 February 2003. The comments are being reviewed by ITSA and AGD and will inform the Government's decision on appropriate action to take.