House debates

Monday, 23 May 2011

Petitions

Constitution

To the Honourable the Speaker and members of the House of Representatives

This petition is based on the exclusive powers of the Parliament—Section 52 of The Constitution.

The Treasurer " Executive Government of the Commonwealth " compounded with APRA and ASIC (Department of the Public Service), arguing that the Authorised Deposit-taking Institutions (ADI ' s) are presumed insolvent and also argued along with ASIC that ADI ' s should be wound up ' Under External Administration ' Part 5.4 of the Corporations Act 2001, and it is in the interest of the public — Section 461(h)(i) of the Corporations Act.

We further assert that the Treasurer compounded with Senator Xenophon for the $42 billion stimulus package, based on the presumption of GFC.

We the aggrieved citizens pray that the Treasurer be disqualified on Section 44(i) of The Constitution for being in the acknowledgement of allegiance to the G20, which is a foreign power.

We ask The House to embrace the exclusive powers of the Parliament in the interest of the public, the members and the creditors of ADI's being wound up.

from 1 citizen