Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Tuesday, 2 December 2003
Page: 23527


Mr Murphy asked the Treasurer, upon notice, on 4 February 2003:

(1) How long has the Minister had in his possession a report from the Bankruptcy Taskforce that was established following the investigation and revelations about certain barristers failing to pay their fair share of taxation by the journalist Mr Paul Barry and published in the Sydney Morning Herald on 26 February 2001.

(2) Is the Minister aware of the under-reporting by barristers and solicitors to their professional bodies of prosecutions and other matters that require reporting.

(3) Has the Minister received representations from the NSW Bar Association recommending changes to section 16 of the Income Tax Assessment Act 1936 that would allow professional bodies to better regulate or discipline their members under the New South Wales Legal Profession Act; if so, what action has the Minister taken to change the law; if not, why not.


Mr Costello (Treasurer) —The answer to the honourable member's question is as follows:

(1) Refer to the joint news release issued by the Attorney-General and the Minister for Revenue and Assistant Treasurer on 2 May 2003.

(2) I am not responsible for ensuring that barristers and solicitors satisfy the reporting requirements of the professional bodies of which they are members.

(3) Yes. Refer to the joint news release issued by the Attorney-General and the Minister for Revenue and Assistant Treasurer on 2 May 2003.