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Tuesday, 21 May 1957

Mr McEWEN (MURRAY, VICTORIA) (Minister for Trade) - The Government sold the shore-based operations of the Australian Whaling Commission to the highest bidder on terms that were decided after tender by all interested parties. Those terms were approved by the Parliament. In accordance with the statute, the proceeds were placed in a trust fund to be used, as described in the statute, for the improvement, betterment and expansion of the Australian fishing industry. That is being done.

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