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Wednesday, 12 April 2000
Page: 15829


Mr COSTELLO (Treasurer) (4:21 PM) —I move:

That the bill be now read a second time.

This bill, the Product Grants and Benefits Administration Bill 2000, is the second of a package of three bills that are required to implement the fuel sales grants scheme.

This bill will provide a standardised administrative framework for grants and benefits administered by the Commissioner of Taxation. It provides for matters such as the registration of claimants, the claiming and assessment of grants, the making of advance payments, the record-keeping obligations of claimants, and measures to promote compliance with the grants and benefits law.

The provisions in this bill are to commence from royal assent.

Full details of the measures in the bill are contained in the already presented explanatory memorandum.

I commend the bill to the House.

Debate (on motion by Mr Brereton) adjourned.