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Friday, 23 November 1979

Senator Evans asked the Minister representing the Minister for Business and Consumer Affairs, upon notice, on 25 October 1979:

To what extent does the Prices Justification Tribunal, in its price surveillance' role, acquire company information from the Industries Assistance Commission and the Taxation Office, to ensure that bureaucratic and corporate time and effort is not duplicated, and that any data supplied to the Prices Justification Tribunal by the companies is identical to that supplied to other parts of the bureaucracy.

Senator Durack - The Minister for Business and Consumer Affairs has provided the following answer to the honourable senator's question:

In the conduct of its price surveillance role and other work the Prices Justification Tribunal takes advantage of all published information, including that produced by other Government agencies.

For additional information the Tribunal tailors its requests to conform with the information which is kept by companies in particular industries. If a company has previously prepared data for another Government agency such as the IAC it would usually be acceptable in that form to the PJT.

It is important to note that companies often provide information to Government agencies on a confidential basis and this information is not available to other agencies.

The secrecy provisions of the Income Tax and Sales Tax Assessments Acts prevent disclosure of information provided to the Taxation Office.

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