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Wednesday, 24 July 1946


Mr CHIFLEY (Macquarie) (Prime Minister and Treasurer) , - by leave - I move -

That the bill be now read a second time.

I need not detain the House long with an explanation of this bill. Its purpose is to provide for a change in name of war savings certificates and war savings stamps. Owing to the termination of the war those designations are inappropriate, and it has been decided that future issues will be known as savings certificates and savings certificate stamps. This requises legislative authority, and. the bill is to provide the necessary amendment to the Commonwealth Inscribed Stock Act. The terms of sale and redemption of the savings certificates and savings certificate stamps will be exactly the same as those of the war savings certificates and war savings stamps which they replace.







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