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Thursday, 31 March 1966

Mr SNEDDEN - Strata titles are now being given active consideration by the standing committee of Attorneys-General. Victoria introduced some legislation of this kind a few years ago. Subsequently similar legislation was introduced in New South Wales. Without any disrespect to Victoria, I think that the New South Wales legislation, being later than the Victorian legislation, was better legislation. At the same time it cannot be said that the New South Wales legislation is ideal. In the Australian Capital Territory we are seeking to get the best possible ordinance that we can get at this time. It is in the course of preparation. I would not like to say precisely how long it will be before it is ready, but it should be ready in the not too distant future. The New Zealand decision was considered by the Attorneys-General in Hobart in January this year. My recollection is that we thought that the New Zealand law was sufficiently similar to the Australian unified companies law to require us to make some amendment to the Companies Act so that there would be now doubt about the position, even though we felt that as a matter of law this course probably was unnecessary.

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