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Tuesday, 25 November 1941

Mr LAZZARINI (Werriwa) (Minister assisting the Treasurer) . - 1 move -

That, in sub-clause (2.), after the word "forty one", the following words be added, "and all subsequent years".

This amendment is necessary in order to leave no doubt that, the amendments reducing the statutory percentage from 8 per cent. to 5 per cent., and increasing the minimum amount of capital allowed from £12,500 to £20,000, shall apply to assessments for all future financial years, as wellas the current financial year.

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