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Thursday, 13 April 2000
Page: 15977

Mr COSTELLO (Treasurer) (4:49 PM) —I move:

That the bill be now read a second time.

This bill is part of a package of three bills that provides legislation to give effect to the government's announcement of 11 November 1999 that it would implement the recommendations of the Ralph Review of Business Taxation regarding the alienation of personal services income.

The government has decided that it is prudent to have two tax imposition bills to safeguard the legislation against possible constitutional challenge.

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

Debate (on motion by Mr Kelvin Thomson) adjourned.