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Thursday, 9 December 1965

Mr HAROLD HOLT - I shall study the detail of the honorable gentleman's question. It would be quite impracticable for me to attempt to deal with a matter of such complexity off hand. In the recent amending legislation, the Government covered one aspect of income tax as related to drought. I refer to the proceeds of sales from two wool clips sold in the one year. I shall look in a sympathetic way at the question that has been put and write to the honorable gentleman when I am in a position to do so.

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