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Thursday, 4 May 1961

Mr OPPERMAN (Corio) (Minister for Shipping and Transport) . - The honorable member for Lang (Mr. Stewart) has asked me to read the old section 11. It is in these terms -

Where any security is required to be given, it may, at the discretion of the Collector, be by bond, guarantee or cash deposit, or by all or any of those methods.

The new clause states that a security shall be given in a manner and form approved by the collector and may, subject to that approval, be by bond, guarantee, cash deposit or any other method, or by two or more different methods. This is only a drafting amendment to bring the wording of section 11 of the Coal Excise Act into line with the comparable section 17 of the Excise Act 1901-1958.

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