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Monday, 25 June 2012
Page: 7789

Heavily Indebted Poor Countries Initiative

Debate resumed on the motion by Mr Oakeshott:

That this House instructs the Attorney-General to, as soon as practicable, draft and introduce legislation to curb the facility for creditor litigation in Australia against those countries who have been deemed by the International Monetary Fund and World Bank eligible for debt relief under the enhanced Heavily Indebted Poor Countries Initiative, with similar effect to the United Kingdom's Debt Relief (Developing Countries) Act2010 which received tripartite support in the United Kingdom Parliament.