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Tuesday, 15 March 1927

Senator PEARCE (Western Australia) (Vice-President of the Executive Council) . - The amendment is to bring the provisions of the Inscribed Stock Act into conformity with the usual practice' in regard to deposits in savings banks. When a deposit in a savings bank in the name of a person who is deceased amounts to over £100, it is necessary to take out letters of administration or probate to operate upon it, but where the amount is less than £100 this requirement is not insisted on. This practice obtains in other legislation of a similar character.

Clause agreed to.

Clauses 4 and 5 agreed to.

Title agreed to.

Bill reported with an amendment.

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