Dean Smith (WA, Liberal Party, Shadow Assistant Minister for Competition, Charities and Treasury) Share this | Hansard source

Gilbert + Tobin stated that the schedule would create uncertainty and would be impractical, at least in the context of public market transactions. Their quote goes on to say:

Schedule 5 creates unwarranted uncertainty and lacks simplicity, imposing a significant compliance burden on shareholders. Moreover, the level of evidence demanded by Schedule 5 may be well beyond the reasonable reach of the majority of shareholders. These factors combine to make Schedule 5 an unworkable provision…

Why doesn't the government accept that criticism?