Senate debates
Wednesday, 3 September 2008
Tax Laws Amendment (2008 Measures No. 4) Bill 2008
In Committee
10:45 am
Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source
As explained in the EM, the compliance costs are considered to be relatively minimal due to the fact that a nomination has to be made. But it is still made, irrespective of the change. What this does is limit the number of nominees, so the process of distribution comes through nomination, and this just reduces the pool of potential nominees.
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