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Monday, 24 May 1965

Senator GORTON (Victoria) (Minister for Works) .- I hope Senator Wright will forgive me if I have not been able to keep in mind all the various points he raised. Dealing with his first point, in relation to chattel mortgages as such, I said there is no direct provision in the Bill. There is, nevertheless, an inherent protection in clause 30, which deals with bills of sale.

Senator Wright - I would not have thought so.

Senator GORTON - Sub-clause (1.) of clause 30 reads -

A person shall not, except with the leave of the appropriate court, under a writ of execution of other process issued by a court, by way of distress, or under the provisions of a bill of sale or hire purchase agreement made before the date that is the moratorium date-

And so on.

Senator Wright - I see.

Senator GORTON - I am informed that there is also a protection in that if a judgment were obtained with regard to personal chattels, it would not be able to be enforced because of the provisions of the Bill. So although there is no direct mention of it, there seems to be protection along the lines the honorable senator suggested.

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