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Wednesday, 26 April 1961

Mr HAROLD HOLT - I can assure the honorable gentleman and other honorable members who have raised this matter with me at various times that I am aware that some uncertainty does exist and I am conscious that this must be inconvenient for the interests affected. It is with that knowledge that I have tried to press on with the consideration of these matters as rapidly as possible, subject to the welter of other governmental items engaging our attention in recent times. Cabinet has quite recently had a further opportunity to study this problem in a great deal more detail than was possible earlier. It is by no means easy to find a long-term answer which does not become so involved in its detail that it would be outside the range of practical politics to do the necessary drafting in the course of this sessional period of the Parliament. On the other hand, the temporary legislation, as honorable members know, expires at the end of this financial year. I have been giving thought to the practicability of making a general statement, as recommended by the honorable gentleman, and I certainly hope to be able to remove these uncertainties, or most of them, before the House rises.

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