PARLIAMENTARY.
MK. X6SWOBTHY OX DISSOLUTIONS. WELLINGTON, Last Night. A little more wag heard about dl; solution in the House to-day, the Hoi W. Nosworthy (Minister of Agrtcu fure) expressing the opinion that th present position would never be clear ed up till there was another genets election. He remarked that some one had said that, the Prime Ministe was bluffing when he spoke on th subject' of dissolution, but Mr. No; worthy was certain Mr. Massey wa not bluffing, and that he would rathe go to th* country than sit in Parlia merit while time was being wasted. H would prefer to find out whether fir country desired legislation or not am the way to find that out was to »o ti the electors.
DEATH DUTIES. AMJSNDM ISN'T CONCERNING GU'l'i FURTHER EXEMPTIONS PROVIDED FOR. WELLINGTON, Last Night. The “Death Duties Amendment Bill j was introduced into the House of Repies' ntalives last night by the Gover-nor-General's message. It is in i’lie dircc tion of providing further exemption from gift duty. It is provided that no duty shall b 0 payable in respect of any marriage settlement made in respect of any daughter or step-daughter of the settler if the property settled is actually transferred on or before, the marriage. Other additional exemptions are the creation of any charitable , trust; in New Zealand or the gift of any property for Ihe purpose of providing retiring allowances or pensions for his employees. Payments made by an employer to an employee in recognition oi faithful service, providing the employee is not connected by blood or marriage with the individual, or in the case of a company, wit'll a director, the. discharge of any debt owing by a debtor to a creditor with the same provision as in the preceding clause, the discharge of a debt secured by mortgage or charge, if it la Proved to the satisfaction of the Commissioner that tlie donor and the beneficiary are noi connected by blood or marriage, and if the Commissioner is satistled that Ihe object is to enabletlie beneficiary to continue in possession of the property and not for ihe purpose of evading gift duty. Section 4 provides that gifts for the education of a relative shall be exempt from duty. The provision made in I'hc principal Act for the accumulation of gifts by the same donor for the purpose of determining the rate or duty on any gift is affected by the I next section. Exempted gifts will not j v’oni e into the computation and nothing shall be construed to include from the computation of the aggregate value of any gifts, the value of any gift upon winch duty is not payable. because it does not exceed riooo. file principal Act is to be amended to provide that letters of administration shall no,- be issued before- the payment of the necessary fees. CONTROL BILL INTRODUCED. EVIDENCE TO EE TAKEN BV COaDJATTEE. ; UFA II \ FIRST I t.ME, i i\ Ll.i.i (.1 i ON, Last Night. -V I>ll] to make provision for the control of tic export of dairy produc« was 'introduced by Governor’s message, in the House to-niglit, and was read a first time. I It was explained by Mr Nosworthy, -Minister of Agriculture, that the I me:]sure is in the same form as when last year’s Bill was reported from tile oeb' I Com mi It co, excepting- that iniim;’ alterations had been made in ‘•'•■tin- 18, dealing with contracts fur the shipment of dairy prodttW. He intended moving’, at The next opportunity. to refer the Bill to the Agricultural, Pastoral and Commerce Committee for taking evidence, which he promised would be printed. The Bill shows no change front lust year's measure. It provides for setting up a Dairy Export Control Board, comprising two Government representatives and nine producers’ represenlives, with one appointee of the sellers of dairy produce. A London agency may be set up, to include one person appointed by tlie Minister of Agriculture. The Board will have power tu i impose u levy on exported daic" ' . duett, whether shipped ■ ‘ -■ Pi’ 0 * fo a maiim»— * - ,jy uor not ’ up I peiin-' ' -” 1 ot one-eighth of a ’ ... in respect of each pound of but- | ter. and one-sixteenth of a penny on each pound of cheese. The Board may, I an giving, notice, assume control of the export oi’ the dairy produce from [ New Zealand, but in exercise of this j power, it shall not prejudically affect , the operation of any contract or agency in respect of the sale of dairy produce oui of New Zealand, if such contract was made on or before July 1, 1928. Clause 13, which, the Minister states, has been slightly amended, empowers rhe Board, on giving public notice, to assume control over contracts for ‘he carriage by sea of dairy produce exported, and any contract made without reference to the Board shall be »oid. A sub-clause states: ’’Provided that if the Board established under the Meat Export Control Act, by resolution notified to the Board established under this Act, determine* not to enter into any contract for the sea carriage of meat, save in accordance with an arrangement between that Board and the Board under this Act. the Board under this -Vet shall not, while tins resolution remains in force, have authority to enter into uny contract for the sea carriage of dairy produce, save in accordance with an arrangement to be i made with ihe Meat Producers’ | Board.” i
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Bibliographic details
Otaki Mail, 6 July 1923, Page 3
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912PARLIAMENTARY. Otaki Mail, 6 July 1923, Page 3
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