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INCOME TAX LAWS AMENDMENT BILL (NO. 3) 1981 INCOME TAX (INDIVIDUALS) BILL 1981
INCOME TAX (COMPANIES, CORPORATE UNIT TRUSTS AND SUPERANNUATION
FUNDS) BILL 1981

Order of the Day read for the adjourned debate on the Question--That these Bills be now read a first time.

Debate resumed.

Question--put and passed.

Bills read a first time.

The Minister for Finance (Senator Dame Margaret Guilfoyle) moved--That these Bills be now read a second time.

Debate ensued.

Question--That these Bills be now read a second time--divided.

Question--That the Income Tax (Individuals) Bill 1981 be now read a second time--put.

The Senate divided--

Ayes, 34

Senator-- Senator-- Baume Martin Bjelke-Petersen Martyr Bonner Mason Carrick Messner Chaney Missen Collard Rae, Peter Crichton-Browne Reid Durack Scott Guilfoyle, Siddons Dame Margaret Teague Haines Thomas Hamer Townley Hill Walters Jessop Watson Lajovic Withers Lewis Young MacGibbon Teller: Macklin Kilgariff

NOES, 26

Senator-- Senator-- Bolkus Jones Childs Keeffe Coates McClelland Coleman McIntosh Colston Mulvihill Elstob Primmer Evans Ray, Robert Foreman Ryan Georges Sibraa Gietzelt Tate Giles Walsh Grimes Harradine Teller: Hearn Robertson

And so it was resolved in the affirmative.

Question--That the Income Tax Laws Amendment Bill (No. 3) 1981 and the Income Tax (Companies, Corporate Unit Trusts and Superannuation Funds) Bill 1981 be now read a second time--put and passed.

Bills read a second time.

The Senate, according to Order, resolved itself into Committee for the consideration of the Bills.

In the Committee

Bills, by leave, taken as a whole and agreed to.

Bills to be reported without amendment or requests.

The President resumed the Chair; and the Chairman of Committees (Senator McClelland) reported accordingly.

On the motion of Senator Dame Margaret Guilfoyle the Report from the Committee was adopted, and the Bills read a third time.