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Thursday, 17 December 1992
Page: 5306


Senator CAMPBELL (11.53 a.m.) —Could I just take this opportunity to clarify that matter of when the insolvency provisions will come into effect. The Government has said that that will occur in about mid-1993. It does not have any specific date in mind at this stage. Perhaps it could suggest how it is going to advise the industry broadly of the date of coming into effect of those insolvency provisions in the Bill so that this matter of some uncertainty, which has been brought to my attention by a number of constituents, can be resolved.