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Wednesday, 16 December 1914

Senator PEARCE (Western Australia) (Minister of Defence) .- I shall try to ascertain for the honorable senator, before the Bill leaves Committee, what specific leases are exempt. I move -

That after the word " amended," line 2, the following words be inserted : -

(a)   by inserting after the word "State" the words " or part of the Commonwealth." and

(b)   .

The object is to amend section 29 of the principal Act so as to bring in leasehold estates granted under the laws, not only of a State, but of any part of the Commonwealth, such as the Northern Territory and the Federal Territory. If leaseholds are to be taxed, those in those Territories ought to be equally taxable with leaseholds granted by the State Governments.

Amendment agreed to.

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