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TAXATION LAWS AMENDMENT BILL (NO. 2) 1985
INCOME TAX (INDIVIDUALS) BILL 1985
INCOME TAX (COMPANIES, CORPORATE UNIT TRUSTS AND SUPERANNUATION FUNDS) BILL 1985
MEDICARE LEVY BILL 1985

Order of the Day read for the adjourned debate on the motion of the Minister for Industry, Technology and Commerce (Senator Button)-That these Bills be now read a second time.

Debate resumed.

Question-put and passed.

Bills read a second time.

The Senate, according to Order, resolved itself into Committee for the consideration of the Bills.

In the Committee

Bills, by leave, taken as a whole.

Senator Siddons moved an amendment to the Taxation Laws Amendment Bill (No. 2) 1985, viz: Page 37, paragraph 29 (b), proposed new sub-section 159P (3A), paragraph (b), line 41, leave out ""$1,000'', insert ""$500''.

Debate ensued.

Question-That the words proposed to be left out be left out-put.

The Committee divided-

AYES, 6

Senators- Chipp Haines (Teller) Harradine Mason Sanders Siddons

NOES, 54

Senators- Archer Aulich Baume, Michael Baume, Peter Black Bolkus Boswell Brownhill Carrick, Sir John Chaney Childs Coates Collard Colston Cook Cooney Crichton-Browne Crowley Devlin Durack Evans Foreman Georges Gietzelt Giles Guilfoyle, Dame Margaret Hamer Hill Jessop Jones Lewis MacGibbon McIntosh Maguire Messner Morris Parer Puplick Rae, Peter Reid (Teller) Robertson Ryan Sheil Short Sibraa Tate Teague Townley Vanstone Walsh Walters Watson Withers Zakharov

Amendment negatived accordingly.

Bills further debated and agreed to.

Bills to be reported without amendment or requests.

The Deputy-President (Senator Hamer) resumed the Chair; and the Temporary Chairman of Committees (Senator Jones) reported accordingly.

On the motion of the Minister for Finance (Senator Walsh) the Report from the Committee was adopted, and the Bills read a third time.