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Thursday, 5 December 1974
Page: 3229

Senator STEELE HALL (South AustraliaLeader of the Liberal Movement) - I move:

In proposed section 39a omit 'acquiring and '.

This clause extends the function of the Corporation and includes the word 'acquiring'. In assessing the purpose of the phrase 'acquiring and supplying wool for the purposes of programs of aid by Australia to other countries', it would seem to me that the word 'acquiring' has been really chosen unthinkingly or unknowingly when it is used in relation to a discussion of the wool industry, because the word 'acquistion' has a particular meaning to those who have discussed wool management and wool buying in Australia. It would seem to me that the use of the word 'acquiring' in clause 12 does little, if anything, for the purposes of this phrase which is concerned with programs of aid by Australia. If the words acquiring and' are left out of the phrase the clause would read: 'supplying wool for the purposes of programs of aid by Australia to other countries'. Of course, other provisions in this amending Bill and in the Act give the Corporation power to buy in all forms, but of course not the power to acquire as is somewhat inherent in this clause. I believe that the Corporation would not use this power in any untoward fashion, but because of that fact and the fact that it frightens some people, I have moved the amendment.

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