The Bankruptcy Act that was passed last session will come into force on the first of July next under a proclamation in that behalf which was issued, I think, in the month of January. It is now intended to amend the Act. I think there are about twenty amendments proposed. They are not very radical in their nature but it is thought that they will simplify the Act and make it more workable. I will take the opportunity when the Bill comes to its second reading or is in the committee stage to more fully explain the nature of these amendments.
Motion agreed to and Bill read the first time.