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Thursday, 26 November 1914

Senator GARDINER (New South Wales) (Vice-President of the Executive Council) . - I am not prepared to accept the amendment. The Bill follows the lines of the Acts of the United Kingdom, Victoria, New South Wales, Western Australia, and Queensland, whereas Senator Keating's proposal adheres closely only to the Tasmanian Act. There is very good reason why we should gazette all dividends. The Gazette notice will enable a creditor who has not proved his debt, upon seeing that a dividend is to be declared,, to put in his claim.

Senator Keating - Very few private- individuals read the Gazette.

Senator GARDINER - I know that. In view of the fact that the system which we are following has been adopted by an overwhelming majority of the States, I hope that Senator Keating will recognise that the Tasmanian practice does not possess any distinct advantages.

Senator Keating - My amendment did not originate with Tasmania, but with the other States.

Senator GARDINER - Quite so. But I would again remind the honorable senator that we are adhering to the path which has been followed by the other States, and, in these circumstances, I hope that he will not press for a division.

Amendment negatived.

Clause agreed to.

Clauses 100 to 106 agreed to.

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