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COMPANIES AMENDMENT BILL 1985
COMPANIES (FEES) AMENDMENT BILL 1985

Order of the Day read for the adjourned debate on the motion of the Minister for Community Services (Senator Grimes)-That these Bills be now read a second time.

Debate resumed.

Question-put and passed.

Bills read a second time.

The Senate, according to Order, resolved itself into Committee for the consideration of the Bills.

In the Committee

Bills, by leave, taken as a whole.

On the motion of the Minister for Resources and Energy (Senator Evans) the following amendments to the Companies Amendment Bill 1985 were, by leave, taken together, debated and agreed to:

Page 1, sub-clause 2 (2), line 9, leave out ""3'', insert ""2A''.

Page 1, after clause 2, insert the following new clause:

Persons having dealings with companies, &c.

""2A. Section 68A of the Principal Act is amended by omitting from paragraph (3) (b) "or with the Registrar of Companies under the' and substituting "or 263 or with the Registrar of Companies under a'.''.

Page 5, clause 9, proposed new sub-section 275A (1), line 25, after ""company'' (first occurring), insert ""(not being an exempt proprietary company that is an unlimited company)''.

Pages 5 and 6, clause 9, proposed new sub-section 275A (4), line 37 (page 5) to line 6 (page 6), leave out the sub-section, insert the following new sub-section:

"" "(4) A company is not required to lodge a copy of a particular document with the Commission pursuant to a notice under sub-section (1) if, as at the time when the notice is served, the document has not been made out, but, if the document is made out after that time, the company shall lodge a copy of the document with the Commission within 14 days after the document is made out.'.''.

Bills agreed to with amendments to the Companies Amendment Bill 1985.

Companies Amendment Bill 1985 to be reported with amendments and Companies (Fees) Amendment Bill 1985 to be reported without amendment.

The Acting Deputy-President (Senator Colston) resumed the Chair; and the Temporary Chairman of Committees (Senator MacGibbon) reported accordingly.

On the motion of Senator Evans the Report from the Committee was adopted, and the Bills read a third time.