Mitch Fifield (Victoria, Liberal Party, Assistant Minister for Social Services) Share this | Hansard source

I give notice that, on the next day of sitting, I shall move:

That the provisions of paragraph (5) to (8) of standing order 111 not apply to the Commonwealth Inscribed Stock Amendment Bill 2013, allowing it to be considered during this period of sittings.

I also table a statement of reasons justifying the need for this bill to be considered during these sittings and seek leave to have the statement incorporated in Hansard.

Leave granted.

The statement read as follows—

STATEMENT OF REASONS

Commonwealth Inscribed Stock Amendment Bill

Purpose of the Bill

This bill seeks to amend Section 5(1) of the Commonwealth Inscribed Stock Act 1911 to increase the legislative limit on Commonwealth Government Securities (CGS) on issue.

Reasons for Urgency

Commonwealth Inscribed Stock Act 1911

Royal Assent on the bill will be required by the end of November 2013.