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Monday, 24 May 1965


Senator ANDERSON (New South Wales) (Minister for Customs and Excise) . - I feel like a person in a witness box who is having legal questions put to him. All I have said is that, as I indicated when I referred previously to this provision, the Minister is given power under this provision to have corrections made to articles of association of companies. I am not going to say any more than that. The interpretation that I gave of the particular paragraph made it quite clear, I thought. It permits a scheme of rearrangement. I think it is quite clear that it does so. There is no secrecy in that. The honorable senator is perfectly competent to interpret the action in that way. It permits the Minister, in circumstances which he considers valid, to allow the alteration of the articles of association of a company.







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