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A NEW TAX SYSTEM (TAX ADMINISTRATION) BILL 1999

Mr Hockey (Minister for Financial Services and Regulation) presented a Bill for an Act to implement A New Tax System by amending the law about taxation and Australian Business Numbers, and for related purposes.

Bill read a first time.

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

Paper

Mr Hockey presented an explanatory memorandum and a regulation impact statement to the Bill.

Debate adjourned (Mr Bevis), and the resumption of the debate made an order of the day for the next sitting.