Mr BROUGH (Minister for Revenue and Assistant Treasurer) (1:33 PM) —I present a supplementary explanatory memorandum to the bill. As I flagged in my earlier contribution, we propose an amendment to give further benefit to a provision regarding non-commercial loans. This amendment will bring forward the application date of the changes to the non-commercial loan rules. This will ensure that from the 2004-05 income year, private companies will have extended time to have a loan repaid to the company or to put a loan on a commercial footing. The change to the treatment of loans from private companies was announced in the 2004-05 budget. I move the government amendment as circulated: