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BANKING AMENDMENT BILL 1981

Senator Haines, pursuant to Notice of Motion not objected to as a Formal Motion, moved--That leave be given to introduce a Bill for an Act to amend the Banking Act 1959 to provide for regulation of increases in interest rates.

Question--put and passed.

Bill presented and, on the motion of Senator Haines, read a first time.

Senator Haines, by leave, moved--That this Bill be now read a second time.

On the motion of the Minister for Veterans' Affairs (Senator Messner) the debate was adjourned.

Ordered--That the resumption of the debate be an Order of the Day for the next day of sitting.