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The President informed the Senate that Senator Peter Rae had proposed that a matter of public importance be submitted to the Senate for discussion, viz: ''The urgent need to implement an effective program for business deregulation''.

And at least 4 Senators having risen in support of the proposed discussion- The President called upon Senator Peter Rae to speak.

Discussion ensued.

Senator Jones moved-That the business of the day be called on.

Question-put and negatived.

Discussion continued.

And the discussion having reached the limit of 2 hours allowed by Standing Order 64, the business of the day was called on.

Pursuant to Sessional Order, consideration of Government Papers was called on.