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Tuesday, 15 August 1972
Page: 146

Mr CHIPP (Hotham) (.Minister for Customs and Excise) - I move:

That the Bill be now read a second time.

The Bill now before the House introduces a tax of 3c per litre on liquefied gas which is used for propelling road vehicles. My colleague the Treasurer (Mr Snedden) foreshadowed the introduction of this tax in his Budget Speech earlier this evening. The Bill relates only to liquefied gas used in propelling road vehicles and does not in any way affect the bulk of liquefied gas which is used for industrial and domestic heating and cooking and for many other purposes. It is proposed that the tax will come into effect on and from a date to be proclaimed. A summary of the clauses in the Bill is being circulated. I commend the Bill.

Debate (on motion by Mr Charles Jones) adjourned.

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