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Thursday, 15 August 1974
Page: 995

Senator MURPHY (New South WalesAttorneyGeneral) - We do not accept the proposal because we think it would impose an impossible burden on the Commission if it were required to reach a responsible decision within 30 days whether to clear all agreements submitted to it for this purpose. Such a time limit has been provided in relation to the merger clearances, but very special considerations are involved there. If a 30-day limit were included here it would run the risk of being counterproductive because the Commission could hardly be in a position to grant a clearance for want of satisfaction within 30 days. I will move shortly an amendment to clause 92. I do not know whether it will be acceptable to the Opposition. We have not got to it. But we think that it would really be impossible for the Act to be administered properly if this proposal and proposed changes to succeeding clauses were adopted. They would run against the machinery which has been set up. The Commission just would not be able to cope with what is proposed by the Opposition in regard to these time limits.

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