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Wednesday, 18 November 1914

Senator KEATING (Tasmania) . - The Committee is dealing now with the -clause giving powers to the trustee to manage a property. In accordance with notice, I move -

That the following new paragraph be inserted : -

(cc)   Compromise any debt, not exceeding One hundred pounds, due to the bankrupt.

My object in submitting the amendment is to enable the trustee to deal with the property of the bankrupt expeditiously and efficiently. It is not suggested that there should be conferred upon him a general power to compromise any debt -due to the bankrupt. I suggest the limitation of the amount to £100. I trust the Minister will see his way to accept the amendment.

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