Senate debates

Tuesday, 21 June 2011

Bills

Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy Bill 2011, Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Consequential Amendments) Bill 2011, Australian Transaction Reports and Analysis Centre Supervisory Cost Recovery Levy (Collection) Bill 2011; In Committee

1:15 pm

Photo of Nick SherryNick Sherry (Tasmania, Australian Labor Party, Minister Assisting the Minister for Tourism) Share this | Hansard source

We generally have agree­ment and sympathy with the points you raise, Senator. You might consider and take a moment to discuss the following with your adviser. We can accept the amendments you move, but there is one concern, and that relates to amendment (1)(4)(c) on sheet 7096, which begins 'whether the definition of small business that is to be used'. Our concern is not with the definition as such but with actually putting it in the legislation. I am advised that that will already occur by ministerial determination. To put it in the bill would mean that a range of other changes to the legislation would be necessary. If you do not proceed with that part of your amendment, we are happy to accept all the rest.

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