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Tuesday, 22 February 1977

Mr YOUNG (PORT ADELAIDE, SOUTH AUSTRALIA) -I ask the Treasurer: Would it be possible for companies purchasing plant or equipment, and thus attracting the investment allowance, then to send that plant and equipment overseas or off-shore in order to set up their industries there? Is he aware that that practice is being carried out? Has he taken steps to see that it is prevented so that Australian taxpayers' money is not used to set up industries off-shore?

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