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Thursday, 28 July 1921

Senator FAIRBAIRN (VICTORIA) asked the Minister representing the Minister for Trade and Customs, upon notice -

1.   Upon what date was the bank rate of exchange substituted for the Mint par rate in computing value for duty on goods imported from the United States and Japan?

2.   Since that date, what amount is estimated as having been collected from importers, up to 30th June, 1921, in excess of what would have been received had the Mint par rate been continued as the method of computation ?

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