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Tuesday, 13 December 1927

Senator McLACHLAN (South AustraliaHonorary Minister) . - The agreement was executed in April last, but as honorable senators will remember there was subsequently a general election in Victoria which prevented the Victorian Parliament from at once ratifying the agreement. In these circumstances it was not deemed desirable . to introduce the measure into this Parliament until the agreement had been passed by the State legislature.

Senator Needham - When did the State Parliament ratify the agreement?

Senator McLACHLAN - Only last week, I understand.

Senator Duncan - Have the savings bank commissioners been operating undei? this agreement since it was signed?

Senator McLACHLAN - No, they have been operating under the old agreement, which contained an elastic provision permitting that to be done.

Senator Duncan - There is no need to validate what has been done?

Senator McLACHLAN - No. This agreement does not come into force until the State and Commonwealth Parliaments have approved of it.

Schedule agreed to.

Title agreed to.

Bill reported without amendment ; report adopted.

Bill read a third time.

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