Senate debates

Wednesday, 16 July 2014

Bills

Clean Energy Legislation (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2014, True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2014, Customs Tariff Amendment (Carbon Tax Repeal) Bill 2014, Excise Tariff Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2014, Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2014; In Committee

11:47 am

Photo of Mathias CormannMathias Cormann (WA, Liberal Party, Minister for Finance) Share this | Hansard source

That is not what I have said. In my exchanges with Senator Milne I referred her to the provisions that I will now refer you to. They are proposed sections 60G, 60K, modified 60C, new 60CA, new 60FA, new 60FD and new 60FE, which deal with price monitoring, false or misleading representations prohibition, price exploitation prohibition, carbon tax reduction obligations, failure to pass on cost savings, carbon tax removal substantiation notice, carbon tax removal substantiation statements, and statements for customers. Altogether, those provisions will help ensure that cost savings from the scrapping of the carbon tax are appropriately passed through to energy customers.

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