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Notice given 15 October 2003

657  Senator Conroy: To move—That the Senate—

(a) notes that the Government’s draft Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Bill 2003 needs to go further in order to create a robust regulatory framework which firstly, ensures that boards are accountable and secondly, ensures that shareholders are empowered;

(b) condemns the Government for its failure to crack down on corporate greed; and

(c) expresses its concern that the self-regulatory approach of the Howard Government in relation to executive remuneration has failed.

Notice of motion altered on 15 October 2003 pursuant to standing order 77.