Senator MURRAY (11:41 AM) —by leave—I move:

(1) Schedule 1, item 1, page 15 (lines 17 to 24), omit subsection 5.2, substitute:

5.2 Appointment of new directors

It is a replaceable rule (see 1.6) that shareholders may appoint directors by resolution at a general meeting.

[section 224C]

(4) Schedule 1, item 1, page 47 (table item 2), omit the table item.

If I may commence with a declaration—and this declaration will cover all the deliberations today and on this bill—I am a trustee of a trust which has company shares and those companies obviously would be affected by this bill. So I accordingly make a declaration.