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Wednesday, 8 December 1999
Page: 11485


Senator KEMP (Assistant Treasurer) (5:40 PM) —I do not know the facts about this particular body; I am not sure you know the facts about this particular body. You have a high degree of spleen, and we understand that.


The TEMPORARY CHAIRMAN (Senator Murphy) —Order!


Senator KEMP —I am not in a position to provide advice about this particular body to the chamber. It would be quite improper of me. You have made some allegations. I do not know the current legal status of the fund. It may be what some people describe as an ancillary fund. For gifts to be tax deductible, an ancillary fund must disburse funds to an entity that in itself is a tax deductible entity. As I have no particular knowledge of this body, and my advisers have no particular knowledge of this body—it does not obsess us the way it obsesses you—I am not able to provide any particular comments on it.