Monday, 19 June 2017
Major Bank Levy Bill 2017, Treasury Laws Amendment (Major Bank Levy) Bill 2017; In Committee
We cannot. We can move motions and say whatever we want in this chamber, but a future Senate will determine its own destiny. I accept that. I am not as familiar with this as others or as the advisers you have around you. The process for having a review of legislation in two or three years time: is the review of these types of tax bills by Treasury or others an uncommon process? I do not know what the normal process is for this kind of taxation legislation and whether there is a precedent for doing that. That is not a loaded question; it is a genuine one.