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Wednesday, 3 September 2008
Page: 4372

Senator BUSHBY (10:49 AM) —I am very happy for the minister to get me more information about the general principle and the approach of the government to that issue. But the fact is that making these changes undermines the ability of the special concession provided to family trusts to operate, so this does go to the heart of this bill. Schedule 2 actually implements changes which will completely undermine the special concession and actually raise the value of it in overall terms. So I would appreciate an answer today if possible. If not, please take it on notice.