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FIRST CORPORATE LAW SIMPLIFICATION BILL 1995

Order of the day read for the adjourned debate on the motion of the

Minister for Family Services (Senator Crowley)--That this bill be now

read a second time.

Debate resumed.

Proposed reference to committee: Senator Vanstone moved the following

amendment:

At end of motion, add "but that items 1 to 4, inclusive, of Schedule 4

of the bill be referred to the Legal and Constitutional Legislation

Committee for inquiry and report on or before Monday, 28 August 1995".

Senator Spindler moved the following amendment to Senator Vanstone's

proposed amendment:

Omit "Legal and Constitutional Legislation Committee", substitute

"Parliamentary Joint Committee on Corporations and Securities".

Debate adjourned till a later hour, Senator Spindler in continuation.