Page 696 - Week 03 - Thursday, 22 March 1990

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The other key result is sensible recommendations - no wish lists or unacceptable recommendations - an enormous amount of work and many submissions. The end result, I believe, is a highly acceptable report that addresses community needs. As members of the first ACT Government, we can be proud of this outcome and the performance of our committee system.

Debate (on motion by Ms Follett) adjourned.

CREDIT (AMENDMENT) BILL 1990

MR COLLAERY (Attorney-General) (10.46): I present the Credit (Amendment) Bill 1990. I move:

That this Bill be agreed to in principle.

The amendments to the Credit Act 1985, which are contained in this Bill, are necessary to regularise the status of a number of interstate credit unions that are invalidly registered in the ACT. The invalid registration occurred because of errors made by the credit unions in their applications for registration. A large number of credit unions in other States have been found to be in a similar position. The other States, which have uniform credit legislation, have enacted, or will enact, similar amendments.

The objective of this Bill is to ensure that the rights and obligations of the credit unions and their borrowers are preserved for the period in which the credit unions were not validly registered under the Act. The Bill also validates the credit unions' registration so that they can continue to provide a service to their customers in the ACT. In those unusual circumstances, I commend the Bill to this house.

MR SPEAKER: Do you present the explanatory memorandum?

MR COLLAERY: Mr Speaker, I present the explanatory memorandum to this Bill.

Debate (on motion by Ms Follett) adjourned.

CLINICAL WASTE BILL 1990

Debate resumed from 15 February 1990, on motion by Mr Duby:

That this Bill be agreed to in principle.

MRS GRASSBY (10.48): The Labor Opposition is happy to support this legislation, with one change. This legislation had high priority under the Follett Labor


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