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Wednesday, 20 March 1957

Mr DAVIDSON (DAWSON, QUEENSLAND) (Postmaster-General) - The transaction referred to by the honorable member for Darebin was brought to my notice because there were certain elements in it that could possibly infringe provisions of the Broadcasting and Television Act. The honorable member is now asking about the interest of Argus and Australasian Limited in the television station. The position is that the holdings were sold out to the other shareholders in the company in proportion of their original holdings, and that is quite in accord with the provisions of the act. I might say, Mr. Speaker, that in further discussions about this matter I have found that, both as regards television and broadcasting, all parties to this transaction have co-operated completely with the Australian Broadcasting Control Board and myself on all matters and are carrying out the requirements of the act.

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