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Wednesday, 23 March 1994
Page: 2111


Senator WATSON (6.18 p.m.) —I thank the government for postponing further consideration of the bill until tomorrow morning. It is necessary in order to consider the wide ramifications involved in the opinion, particularly the burden of taxation issues—sections 53 and 55—and the consequences that could flow if we accepted the decision and the precedents involved in accepting the advice that has currently been tendered. As this matter involves both the House of Representatives and the Senate, it is appropriate that our shadow Attorney-General and others have the opportunity of looking at this advice. Also, I would welcome the opportunity of looking at the further advice from the Clerk on this important issue. I thank the parliamentary secretary.