Page 4975 - Week 17 - Tuesday, 11 December 1990

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(2) A company that has appointed the Auditor-General as its auditor shall pay his or her reasonable fees and expenses.".

Amendment No. 6 on the list as presented is to ensure that the provisions in clause 17 appointing the Auditor-General as company auditor of Territory owned corporations align with the requirements under the Commonwealth Companies Code.

Amendment agreed to.

Clause, as amended, agreed to.

Clause 18

MR KAINE (Chief Minister) (8.39), by leave: I move:

Page 7, line 40, after "15", insert "sitting".

Page 8, subclause 18(4), line 4, after "Assembly" insert ", at the same time as he or she lays the statement,".

The purpose of these amendments is to make it clear that we are talking about 15 sitting days and not just 15 days.

Amendments agreed to.

Clause, as amended, agreed to.

Clauses 19 and 20, by leave, taken together, and agreed to.

Clause 21

MR KAINE (Chief Minister) (8.39), by leave: I move:

Page 9, paragraph 21(2)(d), line 20, omit "the Auditor-General's report", substitute "a copy of the Auditor-General's report".

Page 9, subclause 21(3), lines 36 to 38, omit all words after "under", substitute "a law of the Commonwealth dealing with the regulation of companies, it may be produced for the purposes of this section in the manner required by that law.".

Amendments Nos 9 and 10, as appearing on the list, both relate to clause 21. The first of those amendments is merely to note that we are talking about only one report. There could have been an inference drawn from the original Bill that there were two different reports. There was one, in fact. We are making it clear that it is only a copy of the Auditor-General's report that we are talking about.


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