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Wednesday, 25 November 2015
Page: 9017


Senator FIERRAVANTI-WELLS (New South WalesAssistant Minister for Multicultural Affairs) (17:35): I move:

That this bill may proceed without formalities and be now read a first time.

Question agreed to.

Bill read a first time.

Senator FIERRAVANTI-WELLS: I seek leave to move a motion to exempt this bill from the bills cut-off order.

Leave granted.

Senator FIERRAVANTI-WELLS: I move:

That the provisions of paragraphs (5) to (8) of standing order 111 not apply to the bill, allowing it to be considered during this period of sittings.

I table a statement of reasons justifying the need for this bill to be considered during these sittings and seek leave to have the statement incorporated in Hansard.

Leave granted.

The statement read as follows—

STATEMENT OF REASONS FOR INTRODUCTION AND PASSAGE IN THE 2015 SPRING SITTINGS

TAX LAWS AMENDMENT (GIFTS) BILL 2015

Purpose of the Bill

The purpose of the Tax Laws Amendment (Gifts) Bill 2015 is to list the National Apology Foundation Ltd and International Jewish Relief Limited as deductible gift recipients.

Reasons for Urgency

The measure was announced in the 2015-16 Budget. Passage within 2015 is sought to give certainty to taxpayers and the organisations which will become deductible gift recipients by the passage of this bill. Passage of this bill will enable taxpayers to make tax deductible gifts to the listed organisations.

Question agreed to.