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Monday, 9 May 1994
Page: 437


Senator SCHACHT (Minister for Small Business, Customs and Construction) (4.14 p.m.) —by leave—I move:

(1)Clause 1, page 1, lines 4 and 5, omit "Industry, Technology and Regional Development Legislation Amendment Act (No. 2) 1994", substitute "Industry, Science and Technology Legislation Amendment Act 1994".

(2)Part 2, pages 2 to 4, omit the Part.

(3)Title, page 1, omit "Department of Industry, Technology and Regional Development", substitute "Department of Industry, Science and Technology".

One of the amendments is to withdraw from the bill as initially submitted the AIDC amendments because the government has now made a further decision to sell all of the AIDC, and that is a matter to be further debated in the future. Also, the parameters of how that sale takes places are yet to be decided. We withdraw that amendment.

  The other amendment is to amend the name of the department in view of recent decisions by the Prime Minister (Mr Keating), and that is a simple amendment by name. I table the supplementary explanatory memorandum to the bill.