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Thursday, 4 May 1961

MR DAVIDSON - I have no official information about the variation in shareholding to which the honorable gentleman refers, or about any proposed transfers to which he also refers. However, in replying generally to his rather lengthy question, I point out that the act provides that no material alteration in the share-holding of either broadcasting or television stations may take place without the approval of the Minister. Therefore, if it were proposed at any time to make a material alteration, such as the honorable gentleman spoke of, the proposal would have to come before the Minister for determination, and at that point I would see to it that the Government's policy on the matter of monopolistic control of these mediums - a policy which has been well known and pretty clearly expressed in the last twelve months or so - was carried out.

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