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Wednesday, 19 October 1983
Page: 1980

Question No. 281

Mr Jacobi asked the Treasurer, upon notice, on 26 May 1983:

(1) Will he take urgent action against those persons who are reportedly profiting from drug trafficking, and to this end will he act upon the recommendations of the Royal Commission of Inquiry into Drug Trafficking by his Honour Mr Justice E. S. Williams, as contained in Book C, and as set out on page C376 of the Report of the Royal Commission.

(2) In particular, will he undertake an urgent investigation with a view to implementing the recommendations contained on page C376 as they relate to amendments to section 16 of the Income Tax Assessment Act 1936.

Mr Keating —The answer to the honourable member's question is as follows:

(1) and (2) The Government will continue to make the best possible use of available resources in the fight against persons reportedly profiting from drug trafficking. In the context of the question of access to taxation information by the National Crimes Commission, the Government has the sensitive question of the income tax secrecy provisions under review.