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Tuesday, 2 May 1961

Mr DUTHIE (Wilmot) .- The amendment refers to water, gas and electricity. I ask the Treasurer (Mr. Harold Holt) whether under the definition of water, money lent to State governments for irrigation schemes would be accepted by the Government when making a rebate to the insurance companies or superannuation funds. In other words, could insurance companies or superannuation funds assist with State irrigation schemes and still qualify for the tax rebate?

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