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Wednesday, 23 March 1994
Page: 2107


Senator COULTER (5.52 p.m.) —I understand that we are still awaiting advice from the government on the constitutionality question. If further advice from the government indicates that the rebate scheme would stand without a penalty in relation to capital gains tax, Senator Watson and the coalition might be minded to support the amendment. If so, my intention would be to defer this clause along with clauses 2 and 48, on which we are still awaiting advice.