Addendum to the Explanatory Memorandum(Circulated by authority of the Minister for Finance, Senator the Hon. Dame Margaret Guilfoyle D.B.E.)
This addendum, which is to be read in conjunction with the Explanatory Memorandum on the Income Tax Assessment Amendment Bill (No. 6) 1980, explains amendments to the Bill passed by the House of Representatives and incorporated in the Bill now before the Senate. One amendment extends the range of soil conservation measures - expenditure on which is to qualify for immediate deduction - in proposed section 75D by clause 9 to include drainage works on primary production land that are for the purpose of controlling salinity in the soil or for assisting in drainage control. The other main amendment authorises taxation deductions for donations made towards the relief of victims of the earthquakes in Italy.