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Wednesday, 4 March 1970


Mr N H Bowen (PARRAMATTA, NEW SOUTH WALES) (Minister for Education and Science) - I move:

That the Bill be now read a second time.

The purpose of this Bill is to amend the Sales Tax (Exemptions and Classifications) Act 1935-1967 to provide exemption from sales tax for goods purchased by the AngloAustralian Telescope Board for its own use and not for sale. This Bill is a subsidiary measure to the Anglo-Australian Telescope Agreement Bill 1970. Section 15 of that Bill proposes that the Anglo-Australian Telescope Board will not be subject to taxation under any law of the Commonwealth or of a State or Territory of the Commonwealth.

However, section 15 will not exempt a taxpayer who sells goods to the Board from liability for sales tax on those goods. The amendment to the Sales Tax (Exemptions and Classifications) Act to be effected by this Bill will ensure that tax is not payable either by the Board or by vendors on goods sold to the Anglo-Australian Telescope Board for its use and not for resale. By clause 2 of the Bill the amendment is effective from the day on which the Anglo-Australian Telescope Agreement Act 1970 comes into operation. I commend the Bill to the House.

Debate (on motion by Mr Stewart) adjourned.







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