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Second Reading Speeches

Commonwealth Inscribed Stock Amendment (Debt Ceiling) Bill 2018

Type
Private
Sponsor(s)
BERNARDI, Sen Cory
Originating house
Senate
Status
Not Proceeding
Parliament no
45

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Summary

Amends the

Commonwealth Inscribed Stock Act 1911
to limit the face value of stock and securities that can be on issue under the Treasurer’s standing borrowing authority to $600 billion.

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