Senate debates

Thursday, 22 June 2006

Fuel Tax Bill 2006; Fuel Tax (Consequential and Transitional Provisions) Bill 2006

In Committee

7:55 pm

Photo of Richard ColbeckRichard Colbeck (Tasmania, Liberal Party, Parliamentary Secretary to the Minister for Finance and Administration) Share this | Hansard source

It is not so much a matter of that; it is a matter of removing an unintended consequence of the existing legislation that is being exploited by the industry. At the moment there is the capacity to claim a tax credit where tax has not been paid. It is a matter of closing that loophole, not determining a return from what the proposal might be.

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