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Wednesday, 31 March 1965

Senator BISHOP (South Australia) . - In my opinion, the procedure that has been adopted by Senator Wright is wrong. I agree entirely with what Senator Murphy has said. By deleting the definition in clause 4 Senator Wright will not achieve the purpose he seeks to achieve. I can see some merit in arguing that it might be an inhibition to restrict lenders to certain classes of people, because lenders who should be approved might not be approved. We have spent about 45 minutes discussing an amendment which should properly have been considered by the Committee when we are dealing with clause 5. We could have considered the amendment along with an amendment which the Opposition proposes to move. While there may be some merit in the points that have been advanced by Senator Wright, obviously they should be considered when the Committee is dealing with clause 5. Therefore, I oppose the amendment.

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