House debates Bills
Tax Laws Amendment (2012 Measures No. 2) Bill 2012, Income Tax (Managed Investment Trust Withholding Tax) Amendment Bill 2012, Pay As You Go Withholding Non-compliance Tax Bill 2012; Consideration in Detail
David Bradbury Lindsay, Australian Labor Party, Assistant Treasurer
I present a supplementary explanatory memorandum to the bill. I move:
(1) Clause 2, page 2 (table item 11), omit the table item.
(2) Schedule 4, page 65 (lines 1 to 21), omit the Schedule.
This amendment removes schedule 4 from the Tax Laws Amendment (2012 Measures No. 2) Bill 2012. This schedule relates to the managed investment trust final withholding tax rate and will be reintroduced to parliament at a later date.
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