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Thursday, 2 June 1960


Mr DAVIDSON (Dawson) (PostmasterGeneral) . - I move -

That Senate's amendment No. 4 be agreed to.

As I told the Leader of the Opposition (Mr. Calwell), these amendments were framed as a result of discussions with various honorable members when the bill was going through the second-reading stage in this chamber and in another place. The introduction of the amendments demonstrates that this Government is prepared to listen to reasonable suggestions made by its own supporters and by other honorable members, and that the Government is not afraid to submit amendments to its legislation. This is a difficult measure. We recognized that almost certainly amendments would be brought forward and we were prepared to accept them. In this case, we considered that the section as it stood conferred an unnecessarily wide power on the Minister in that he could exercise the power given other than to deal with substantial changes in the beneficial ownership of the shares in a company. Therefore we have proposed this amendment which we believe will adjust the position and prevent any excessive use of ministerial power in matters which are not really covered by the section. Therefore, we commend the amendment to the committee.







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