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Tuesday, 23 May 1972
Page: 1913

Senator CAVANAGH (South Australia) - I refer to clause 9, which reads:

9.   - (1.) A person shall not -

(a)   fail or neglect duly to furnish a return or information that he is required under these regulations lo furnish; or

(b)   furnish, in pursuance of the regulations, a return or information that, to his knowledge, is false or misleading in a material particular.

Penalty: Two hundred dollars. (2.) A prosecution for an offence against this section may be commenced at any time within three years after the commission of the offence.

I move:

In sub-clause (2.), leave out 'three years', insert one year'.

The Opposition is of the belief that 3 years is too long a period in which to discover that a breach of the Act has occurred. If a breach has occurred, there should be prompt prosecution. We seek to insert the words 'one year' instead of the words '3 years' for a time limitation on prosecution.

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