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Tuesday, 9 May 1972
Page: 1422


The PRESIDENT - I have received the following letter from Senator Kane:

Dear Mr President,

In accordance with Standing Order 64, I give notice that I intend to move on Tuesday 9th May 1972 - That the Senate at its rising adjourn until tomorrow at 2.55 p.m., unless otherwise ordered, for the purpose of debating a matter of urgency, namely:

The need to initiate immediately such legislative and administrative measures, either alone or in co-operation with the States, as will impede, delay or prevent the transfer of the beneficial ownership of shares in Australian public companies to non-Australian ownership, until the report of the Senate select committee appointed to enquire into foreign ownership and control of Australian commerce, industries, land and resources, has been presented, or, alternately, until the Government has announced the terms on which and the conditions under which equity in Australian public companies may be acquired by non-Australian interests.

Yours faithfully,

J.   T. KANE

Is the motion supported? (More than the number of senators required by the Standing Orders having risen in their places)







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