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Comments by Minister for Treasury and Resources in Response Proposition on Price Marking (P.99/2007).

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A decision made (10/09/2007) regarding: Comments by Minister for Treasury and Resources in Response Proposition on Price Marking (P.99/2007).

Decision Reference: MD-TR-2007-0093

Decision Summary Title :

Comments by Minister for Treasury and Resources in Response

Proposition on Price Marking (P.99/2007)

Date of Decision Summary:

7th September 2007

Decision Summary Author:

Julian Morris – Business Manager

Decision Summary:

Public or Exempt?

(State clauses from Code of Practice booklet)

Public

Type of Report:

Oral or Written?

Oral

Person Giving

Oral Report:

Steve Lowthorpe, GST Director

Written Report

Title :

n/a

Date of Written Report:

n/a

Written Report Author:

n/a

Written Report :

Public or Exempt?

(State clauses from Code of Practice booklet)

n/a

Subject: Comments by Minister for Treasury and Resources in Response

Proposition on Price Marking (P.99/2007).

Decision(s): The Minister agreed to lodge au Greffe the attached Comments in response to P.99/2007.

Reason(s) for Decision: Projet P.99/2007 proposes that the price marking legislation recently proposed by the Minister for Economic Development, and subsequently withdrawn, should be debated before the Goods and Services Tax Appointed Day Act is lodged au Greffe and debated. If this Proposition were to be approved then the result would be a serious delay to the introduction of GST and a subsequent tax revenue shortfall.

Resource Implications: There are no financial or manpower implications.

Action required: Officers to make necessary arrangements to lodge the Comments (attached) au Greffe in time for the scheduled debate on 11th September 2007.

Signature:

Position: Senator Terry Le Sueur, treasury and Resources Minister

Date Signed: 10th September 2007

Date of Decision (If different from Date Signed):

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