Senate debates

Thursday, 29 March 2007

Corporations Amendment (Takeovers) Bill 2007

In Committee

1:23 pm

Photo of Penny WongPenny Wong (SA, Australian Labor Party, Shadow Minister for Corporate Governance and Responsibility) Share this | Hansard source

I move opposition amendment (1) on sheet 5233:

(1)    Schedule 1, item 4, page 4 (line 9), omit “having regard to”, substitute “because they are inconsistent with or contrary to”.

This is an amendment which deals with the issue I raised in my speech during the second reading stage. We seek to pick up the proposal of the Law Council which is intended to more clearly circumscribe the jurisdiction of the panel. I understand that Senator Murray, in his second reading contribution, sought that the government table its advice about the appropriateness or otherwise of this amendment. I ask if the parliamentary secretary is intending to do so.

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