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Wednesday, 3 November 1976


Mr SINCLAIR -As with a number of Bills that flow from the Budget, it has not yet been possible to introduce this legislation or to pass it through the 2 Houses of the Parliament. I expect that the legislation for the income equalisation deposits will be introduced within the next 3 sitting weeks, if that is at all possible, but certainly before the House rises. In accordance with the Treasurer's Budget undertaking, the scheme will apply to 1975-76 income. The details and parameters of entitlement in accordance with the legislation will be made known on its introduction.







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