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Wednesday, 23 March 1966


Mr SNEDDEN (BRUCE, VICTORIA) (Attorney-General) - I am unable to give a precise answer as to the limitations on taking money out of the country. There may be some Treasury control regulations of which I have no direct knowledge. I could not offer an opinion about them. I think the point which the honorable gentleman is really raising is whether persons can take out of the country money which does not really belong to them, because they have come by it dishonestly. The answer to that, of course, is that there is no way in which a government can prevent them from doing that, because it cannot decide in advance whether they properly possess the money. Any action that is taken must be taken by the individuals who claim that the money has been wrongly obtained from them. There are civil processes available, and they work very quickly if they are called into action.







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