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Thursday, 3 March 1932

Mr BRUCE (FLINDERS, VICTORIA) (Assistant Treasurer) (2:30 AM) .- I move -

That the following new clause be inserted: - "1 a. This act shall continue in operation for a period of two years, and no longer."

Honorable members will recollect that the Prime Minister indicated that the Government is anxious to receive any representations that the States may desire to put forward with regard to this measure. The whole subject will be considered at the nest meeting of the Loan Council and, to put it beyond doubt that the measure will later be reconsidered by that council, the reasonable time limit of two years is provided.

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