Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Wednesday, 16 November 1927

Senator MCLACHLAN (South Australia) (Honorary Minister) . - I move -

That at the end of proposed new section 35e the following proviso be added: - "Provided that, until the appointment of. the commission -

(a)   the savings bank shall be managed by the board of the bank; and

(b)   for the purposes of this Part, and of the Commonwealth Housing Act 1927, the Governor shall haveall the powers and functions of the Chief Commissioner, and the board shall have all the powers and functions of the commission; and

(c)   all references in this Part (excepting in sections 35f to 35.v inclusive) and in the Commonwealth Housing

Act 1927 to the Chief Commissioner or to the commission shall be read as references to the Governor or the board as the case may be."

In regard to the Commonwealth Savings Bank Bill and the Commonwealth Housing Bill, the Government this morning have had an interview with the chairman, the Governor, and two other directors of the Commonwealth Bank. They have reported to the Government that although, as the Treasurer stated in another place, during the debate on the second reading, he freely consulted with them on the principles of those measures, they did not appreciate the exact intentions of the legislation as to the carrying' out of the housing function, and that, on further consideration, they are now of the opinion that under the provisions of the measures, the board could carry out its administration. To enable the board to do this, an amendment is to be made in the Senate to provide that until the commission is appointed, the board will carry on the functions under the two bills. Should it become necessary, at a later stage, for any good reasons to establish the separation by the appointment of the commission, that course could be adopted. This action is being taken with the cordial approval of the board.

Suggest corrections