Legal database - View: Extrinsic Materials: Sales Tax Laws Amendment Act (No. 1) 1992 - Explanatory Memorandum

House of Representatives

Sales Tax Laws Amendment Bill (No. 1) 1992

Sales Tax Laws Amendment Act (No. 1) 1992

Explanatory Memorandum

(Circulated by the authority of the Treasurer, the Hon. J.S. Dawkins, M.P.)

B. Financial Impact

3. The cost of the proposed change will be $40m in 1991-92, $185m in 1992-93, rising to $275m by 1995-96.