Transcript 67
P. M. No. 15/ 1959.
CO IIONWEALTI{ BANKING CORPORATION
Statement in the House of Representatives by the Acting Prime
Minister. The Rt. Hon, J. McEwen, M. P.
While the Commonwealth Banking Corporation will not be
formally established until the legislation has been proclaimed,
which will not be until about the end of the year, it is necessary
to proceed at once with the appointment of the Board of the
Corporation, so that the re-organization necessary to give effect
to the legislation and to constitute the Banking Corporation can