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FAMILY TRUST DISTRIBUTION TAX (PRIMARY LIABILITY) BILL 1997

Mr Miles (Parliamentary Secretary (Cabinet) to the Prime Minister) presented a Bill for an Act to impose a tax on certain distributions etc. by trusts, partnerships and companies.

Bill read a first time.

Mr Miles moved—That the Bill be now read a second time.

Debate adjourned (Mr L. D. T. Ferguson), and the resumption of the debate made an order of the day for the next sitting.