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Thursday, 20 May 1965

Senator ANDERSON (New South Wales) (Minister for Customs and Excise) (1:25 AM) . - I move -

That the Bill be now read a second time.

The purpose of this Bill is to preserve certain existing sales tax exemptions that would otherwise become inoperative after the commencement of the proposed new Customs Tariff which I have just explained to honorable senators. These sales tax exemptions, which apply to imported goods, are complementary to provisions in the customs tariff. The sales tax exemption items generally refer to the relevant item number in the Customs Tariff. The proposals in this Bill will maintain the link with the Customs Tariff and provide for the continuance of the relevant sales tax exemptions after the proposed new tariff comes into force. I commend the Bill to honorable senators.

Debate (on motion by Senator McKenna) adjourned.

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