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Tuesday, 16 December 1941

Mr Makin (HINDMARSH, SOUTH AUSTRALIA) (Minister for Munitions) n. - On the 26th November, the honorable member for Reid (Mr. Morgan) asked the following questions. upon notice : -

1.   Has a formal agreement been executed between the Government and the lessees of the Cockatoo Island Dockyard; if so, when? 2. (a) What are the names of the lessee company and the directors thereof; (b) what is (i) the nominal and (ii) this paid-up capital of the company, respectively; and (c) who are the principal shareholders thereinand what is the extent of their holding, respectively? 3. (a) What is the rental and what are the principal terms and conditions of the lease; (b) will he table the agreement for the perusal of honorable members?

The answers to the honorable member's questions are as follows: -

1.   Yes. An agreement wag executed on the 20th November. 2. (a.) Cockatoo Docks and Engineering Company Proprietary Limited. - The directors of the company arc Mr. Charles C. Davis, Sir George F. Davis, Mr. Maurice Davis, Mr.Nor- man Fraser, Sir Thomas S. Gordon, Mr. Edward Hallensteinand Sir Keith M. Smith;

(b)   (i) the nominal capital is shown as £500,000; (ii) issued capital £48,667 in fully paid shares of £1 each; (c) the names of the principal shareholders of the lessee company may be inspected at the office of the Registrar General of New South Wales.

1.   (a)T he rental paid by the lessee company for the year ended the 28th February, 1941, was £50,000; the terms and conditions of the lease arc set forth in the schedule to the Cockatoo Island Dockyard Agreement Act 1933; (b) it is not proposed to table the agreement, but if the honorable member desires to peruse a copy I should he pleased for him to do so in my office.

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