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Tuesday, 22 April 1980
Page: 1675

Senator McLAREN (South Australia) - The Minister for Special Trade Representations (Senator Scott) has said that the situation I raised would be highly unlikely to happen. I now draw his attention to paragraph (b) of proposed new sub-section (lA), which states: a member or the deputy of a member becomes bankrupt or applies to take the benefit of any law for the relief of bankrupt or insolvent debtors, compounds with his creditors or makes an assignment of his remuneration for their benefit; or

It then goes on to the matter I raised. We know that people are going bankrupt every day. The Minister might recall that in my speech on the second reading of the Bill I said that pig producers might find themselves in very difficult financial straits because of the rapid increase in the price of petrol. It could well be that one of the two producers who are on this Pig Meat Promotion Advisory Committee might find themselves in the position I have just outlined. So it cannot be said that this situation is unlikely to happen. It is something that we have to guard against, and that is why I am concerned. If the Minister cannot give me an answer now, I will be happy to have it when he can get it.

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