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Tuesday, 17 November 1964

Senator WRIGHT asked the Minister representing the Treasurer, upon notice -

1.   Relative to income tax law, which places the official listing on a stock exchange as one of the criteria for a public company, is it a fact that the stock exchanges in Australia have no statutory character in the legal framework of either the States or the Commonwealth?

2.   Has the Treasurer had any communication with any of the stock exchanges as to the use of their institutions as a criterion for this purpose?

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