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Wednesday, 22 August 1973
Page: 215

Dr CAIRNS (Lalor) (Minister for Overseas Trade and Minister for Secondary Industry) - I move:

That the Bill be now read a second time.

The purpose of the Bill now before the House is to extend the operation of the cellulose acetate bounty until 30 June 1976. This is in conformity with the Tariff Board suggestion that the bounty be continued until the Board has examined this and other acetyl products in its 1975 general review of the chemical industry. The Present Act expires on 31 December 1973 and it is desirable that there should be continuity of assistance until the Government has considered the Tariff Board's report and recommendations. Opportunity is also taken to introduce metric measurement and the rate of bounty of 8.8c per kilogram is a conversion of the rate of 4c per lb as provided for in current legislation. I commend the Bill to honourable members.

Debate (on motion by Mr Edwards) adjourned.

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