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Thursday, 12 November 1964

Senator ANDERSON (New South Wales) (Minister for Customs and Excise) . - in reply - This bounty is payable in respect of cellulose acetate flake produced at a factory and in a year to which the Act applies, sold for use in the manufacture in Australia of cellulose acetate rayon yarn. The bounty is at the rate of 7cl. per lb. That rate still applies. There is no profit limitation on applicants for the bounty. There is only one recipient, C.S.R. Chemicals Pty. Ltd., Mary Street, Rhodes, New South Wales, which is the only registered claimant for the bounty. Claims are paid quarterly. Estimated expenditure under this head for the 1964-65 period to 31st December of this year is £47,000. I have no information available at this time on the question of imports.

Question resolved in the affirmative.

Bill read a second time, and passed through its remaining stages without amendment or debate.

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