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Legislative Assembly for the ACT: 1997 Week 6 Hansard (19 June) . . Page.. 1915 ..

Mr Speaker, in conclusion, I am happy to advise that the Government has successfully developed the framework for achieving a tax equivalent regime in the ACT that meets our obligations to the States and Commonwealth under the national competition policy and puts our businesses on a competitive tax footing with private businesses. The measures contained in the Territory Owned Corporations (Amendment) Bill 1997 are a necessary part of the process and I commend the Bill to the Assembly.

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