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A message from the House of Representatives was reported transmitting

for the concurrence of the Senate the following bill:

Message no. 572, dated 26 June 1995--A Bill for an Act to amend the

law relating to taxation.

The Parliamentary Secretary to the Minister for Primary Industries and

Energy (Senator Sherry) moved--That this bill may proceed without

formalities and be now read a first time.

Question put and passed.

Bill read a first time.

Senator Sherry moved--That this bill be now read a second time.

Explanatory memorandum: Senator Sherry tabled a revised explanatory

memorandum relating to the bill.

Pursuant to the order of the Senate of 29 November 1994, the debate was

adjourned and the resumption of the debate made an order of the day for

the first day of the spring sittings 1995.