Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Full Day's HansardDownload Full Day's Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Thursday, 30 August 1928

Dr EARLE PAGE (COWPER, NEW SOUTH WALES) (Treasurer) - The Loan Council consists of the Commonwealth Treasurer and the Treasurers of the various States. None of these representatives can veto a proposal.

Mr E RILEY (SOUTH SYDNEY, NEW SOUTH WALES) - What representation has the Commonwealth on the Loan Council 2

Dr EARLE PAGE - The Commonwealth has one representative in a body of seven. Under the financial agreement with the States, the Commonwealth has two votes and a casting vote. So far all the decisions of the Loan Council have been unanimous.

Suggest corrections