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Wednesday, 10 May 1972
Page: 1511

Senator GUILFOYLE (VICTORIA) - I direct a question 10 the Minister representing the Treasurer. F refer to the Ministerial statement made yesterday by the Minister assisting the Treasurer with regard to the Income Tax Assessment Act. That statement related to deductions for capital expenditure on facilities for the transport of minerals under division 10AAA. I ask the Minister whether there will be an option as to the commencement date on which the deductions may be claimed or whether the option which was mentioned will relate merely to the number of years during which the deductions may be claimed.

Senator Sir KENNETH ANDERSON - I will have to refer the honourable senator's question to the Treasurer because it deals with a matter on which I would need to have a complete brief from the Department of the Treasury before I could respond to it. I am not suggesting that the honourable senator should put the question on notice. I will obtain an answer for her reasonably quickly.

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