WEDNESDAY, APRIL 25, 1979
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MOTOR VEHICLE LICENCE FEE INCREASE PROPOSED
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MOTOR VEHICLE LICENCE FEES, WHICH WERE DELIBERATELY TAX LOADED IN 1974, ARE DESIGNED NOT ONLY TO COVER THE ADMINISTRATIVE COSTS OF THE LICENSING PROCESS BUT ALSO TO INCLUDE A TAX ELEMENT.
THIS WAS STATED BY THE FINANCIAL SECRETARY, THE HON. PHILIP HADDON-CAVE, AT THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY) IN MOVING THE SECOND READING CF THE ROAD TRAFFIC (REGISTRATION AND LICENSING OF VEHICLES) REGULATIONS (AMENDMENT) BILL 1979.
THE BILL SEEKS TO IMPLEMENT THE PROPOSAL FOR INCREASES IN ANNUAL VEHICLE LICENCE FEES FOR CERTAIN CLASSES OF VEHICLES.
MR. HADDON-CAVE SAID THE NEW FEES ARE DESIGNED BOTH TO RESTORE THE FULL TAX-LOADING, AND TO REMOVE CERTAIN ANOMALIES.
THE ESTIMATED YIELD TO THE REVENUE FROM THE NEW RATES IS $41 MILLION FOR 1979-80, HE ADDED.
DEBATE ON THE BILL WAS ADJOURNED.
CS THANKS FINANCE COMMITTEE
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THE FINANCE COMMITTEE HAS COMPLETED EXAMINATIONS OF THE DRAFT ESTIMATES OF EXPENDITURE FOR 1979-80 AND ITS REPORT WAS TABLED IN THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
THE CHIEF SECRETARY, THE HON. SIR JACK CATER, IN STATING THIS, ADDED: +! WOULD LIKE TO TAKE THIS OPPORTUNITY OF PLACING ON RECORD THE GOVERNMENT'S APPRECIATION OF THE VERY CONSIDERABLE TIME AND EFFORT THAT MEMBERS OF FINANCE COMMITTEE HAVE DEVOTED TO THE SCRUTINY OF PUBLIC EXPENDITURE, BOTH AT THE SPECIAL MEETINGS AT WHICH THEY EXAMINED THE DRAFT ESTIMATES OF EXPENDITURE AND AT REGULAR MEETINGS HELD THROUGHOUT THE YEAR WHEN REQUESTS FOR SUPPLEMENTARY PROV IS FONS ARE CONSIDERED.+
11 BILLS PASSED
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ELEVEN BILLS WERE PASSED INTO LAW AT THE LEGISLATIVE COUNCIL TODAY (WEDNESDAY).
THEY ARE THE APPROPRIATION BILL 1979, EXCHANGE FUND (AMENDMENT) BILL 1979 BANK ING (AMENDMENT) BILL 1979, DEPOSIT-TAK ING COMPANIES (AMENDMENT) BILL 1979, CRIMINAL PROCEDURE (AMENDMENT) (NO.2) BILL 1979, BANKRUPTCY (AMENDMENT) BILL 1979, LEGAL PRACTITIONERS (AMENDMENT) BILL 1979, AUXILIARY FORCES PAY AND ALLOWANCES (AMENDMENT) BILL 1979, BUILDINGS (AMENDMENT) BILL 1979, REGISTRATION OF UNITED KINGDOM PATENTS (AMENDMENT) BILL 1979 AND EMPLOYMENT (AMENDMENT) (NO.2) BILL 1979.
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