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Tuesday, 30 November 1965


Mr BOWEN (Parramatta) .- by leave - I move -

1.   In sub-section (7.) of proposed section 82aao, omit " the Commissioner is satisfied that the scheme has been complied with ", insert " the scheme was complied with ".

2.   In sub-section (8.) of proposed section 82aao, omit " the Commissioner is not satisfied that the scheme has been complied with ", insert " the scheme was not complied with ".

3.   Omit paragraph (a) of sub-section (8.) of proposed section 82aao.

4.   After sub-section (8.) of proposed section 82aao, insert the following sub-section: - " ' (8a.) Where it appears to the Commissioner that a scheme referred to in the last preceding subsection was not complied with during a year of income, he shall inform the trustee of the fund in writing of the respect in which, in the opinion of the Commissioner, the scheme was not complied with.".

The effect of these amendments is to delete the satisfaction of the Commissioner as a requirement and to make the matters dealt within the clause depend upon whether or not in fact the parties have complied with the requirements of the law. This is the form which, it will be seen, I have endeavoured to give effect to in earlier amendments. It is really making the deduction provisions which bear on the contributions of employees consistent in this regard with the earlier provisions relating to the exemption of the income of superannuation funds. This applies to all the amendments I have moved at this time and I commend them to the Committee.

Amendments agreed to.

Clause, as amended, agreed to.

Clauses 24 to 28 - by leave - taken together, and agreed to.

Proposed new clause 28a.







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