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Friday, 18 December 1914

Senator PEARCE (Western Australia) (Minister of Defence) . - In moving -

That this Bill be now read a second time,

I wish to say that it is merely intended to cover up an illegal action, if I may so term it. Section 6 of the Australian Notes Act provides that in the issue of Australian Notes those notes are to be issued and dated from the Commonwealth Treasury. Now, it has been the practice of some of the banks to date their notes, and for others not to date them. Some Commonwealth Notes were issued without a date. The attention of the Government was drawn to the fact, and as it raised the question of whether they were legal tender, it was decided to amend the Act by the omission of the words "and bear date at." The Bill is purely a formal measure.

Question resolved in the affirmative.

Bill read a second time, and passed through its remaining stages without amendment.

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