HOUSE OF REPRESENTATIVES.
FEIDAY, AUGUST 7. .THUBSDAY, AUGUST' 6* i ; The Speaker took the chair at 2. 80 p.m. THE EIGHT HOTTBS* BILL , . . .^ ' ; . Mr Fisher tabled a motion to ask the Government whether they would set apart a day for the discussion of the Eight Hour's Bill. ' ... The Premier moved that the House go into committee on the Land and Income Assessment Bill. In regard to clause 3, the interpretation clause, the Hon Mr Bryce thought it would be a convenient time to define "improvements." — " The Premier said the definition was included in the schedule, and the matter could be dealt with them when the schedule was being considered. i The Premier in reply to Mr
Bhodes,ssfShe would consider thequestion of whether a tiustee had to pay the tax out of income or capital. The amount of land on which public schools under the Education Act are erectefl to be exempt was altered from 10 to 15 acres.— The Premier promised Mr Guinness to embody his amendment in another part of the clause. The amendment being that the exemption apply io all teachers' residences the property of Education Boards, and all land on which is erected a residence fora teacher «p---poioted under the said. Act Land occupied by -schools of mines was exempted -from the operation of the Act. Subsection Eof the clause was altered to readas follows :— To exempt "The ground oar place off meeting of any agricultural society being the property of any such society."— The Premier moved, as an amendment tc the clause, that land occupied by buildings erected for the place of meeting of a friendly society, or of any building society registered under the Acts in force relating to building societies be exempted from the tax. A long discussion ensued, which resulted in the amendment being agreed to. Mr E. Thompson moved that land occupied by " Masonic Lodges " be included in exemptions, and it was carried. , Mr Khodes moved as an addition to subsection f, relating to exemptions of charitable institutions, the words and charitable institutions not carried exclusively for pecuniary gain or profit." The addition was made a part of the clause. 'J he Premier moved that the incomes of building societies be included among the # exemptions, which was carried by 81 to 19. The Premier moved that the income derived "by the owner or occupier of land in New Zealand, or from the use or produce of such land derived by such owner or occupies or from mortgages of such land, except where otherwise specially provided" be exempted, in place of section of clause 16. — The clanse became a part of the Bill. —Mr J. Mills moved to exempt that part of the income of any company located in the Colony derived from business transacted outside the Colony.— The Premier promised to consider the matter with a view to its insertion in the schedule, upon which the amendment was withdrawn.— •.'•-■„. Progress was then reported, and the House rose at 1.10 a.m. ". > -
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Manawatu Herald, Volume III, Issue III, 11 August 1891, Page 2
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498HOUSE OF REPRESENTATIVES. Manawatu Herald, Volume III, Issue III, 11 August 1891, Page 2
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