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Monday, 22 June 1998
Page: 3668

Senator MARGETTS (9:24 PM) —I want to make one further comment. We are talking about the majority of a board and in fact it means it has nothing to do with the investors at all. In the end, the decisions might be seen to be in the best interest of the board, if they have got things they do not want to be made public, but perhaps the investors might be the ones losing out here and the board might be protecting themselves or their director.

Amendment not agreed to.