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Wednesday, 13 November 2013
Page: 79

Mr HUNT (FlindersMinister for the Environment) (10:37): I move:

That this bill be now read a second time.

Together, this bill, the True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2013, and the Clean Energy Legislation (Carbon Tax Repeal) Bill 2013 will ensure that final assistance allocations under the Jobs and Competitiveness Program are accurate, so that businesses are not over- or under-allocated assistance in 2013-14.

For constitutional reasons, this bill imposes the levy to recover overallocations to the extent that it is a duty of excise.

Debate adjourned.