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Thursday, 29 April 1965

In Committee.

Consideration of House of Representatives' message (vide page 506).

Clause 5. (1.) The Minister may, by instrument in writing, declare a class of persons specified in the instrument to be an approved class of lenders for the purposes of this Act.

Senate's amendment -

In sub-clause (1.) leave out ",instrument in writing, declare a class of persons specified in the instrument", insert " regulation declare a class of persons "

House of Representatives' message -

Amendment disagreed to.

Reasons of the House of Representatives for disagreeing to the amendment of the Senate.

The matter provided for by the sub-clause to which the Senate amendment relates is an administrative matter proper to be dealt with by a member of the Executive Government, namely, the Minister. It is not an appropriate matter for regulations, which are legislative in nature.







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