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Wednesday, 9 March 1932

Mr HOLMAN (Martin) . - I move -

That the words "prescribed securities ", subclause I, be omitted with a view to insert in lieu thereof the words " securities prescribed for the purposes of this section ".

The amendment will remove the ambiguity to which I referred earlier, and will distinguish the securities in which the deposits may be invested from those securities which may be accepted, in lieu of money, as a deposit.

Mr BRUCE (FLINDERS, VICTORIA) - The amendment clarifies the clause, and links up with an earlier amendment in the definition clause. I accept it.

Amendment agreed to.

Clause, as amended, agreed to.

Clauses 19 to 27 agreed to.

Title agreed to.

Bill reported with amendments; report - by leave - adopted.

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