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Thursday, 8 July 1926

Senator NEEDHAM (Western Australia) . - Are we to understand that the purpose of the proposed new subsection is to bring the Federal Capital Commission into line with the Northern Territory Commission in regard to borrowing money?

Senator Sir William Glasgow - It provides that the commission shall borrow money through the Treasurer, instead of going on to the market itself.

Senator FINDLEY (VICTORIA) - Does the Minister mean that the Treasurer will borrow money for the commission?

Senator Sir William Glasgow - Yes.

Clause agreed to.

Clauses 14 to 16 agreed to.

Title agreed to.

Bill reported without amendment; report adopted.

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