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Wednesday, 11 November 1914


Senator KEATING (Tasmania) . - In accordance with notice, I move -

That the words "less than three nor," line 2, be left out.

If my amendment is made it will leave five as the maximum, but it will apply no minimum. Many bankruptcies are very small, and a committee of inspection may consist of two persons. Often it does, in practice, consist of one man.


Senator Gardiner - That is not desirable.


Senator KEATING - -That rests entirely with the creditors. A committee of one is often appointed. The correct pronunciation of the word " Committee," when it consists of a single individual, . s with the accent on the last syllable. When the bankruptcy is very small, with one principal creditor on the spot, -it would be an advantage to have a Committee of one. The amendment will leave the creditors free to appoint any number from one to five. It is common to have three, but often desirable to have only one. My proposal simply enlarges the rights of the creditors.







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