FEDERAL BANK ACT
VALIDITY HEARING CONTINUES Rec. 11 p.m. MELBOURNE, Mar. 10. a’ court of claims to be set up under the Banking Act could make awards of interest on the purchase prices ot property, said Dr H. V. Evatl in the Full High Court to-day. The court was in the twenty-second day of the hearing of the challenge to the Act by the trading banks and the States of Victoria, South Australia, ana West Australia. Dr Evatt has now created a record in the length of his. address, during which he has spoken over 375,000 words. Dr Evatt submitted that the jurisdiction of the court of claims was statutory enabling it to make awards of interest but not necessarily costs under the clause providing for fair and reasonable compensation. Justice Stark expressed doubt as to whether (he award of interest by such a court could be legally and constitutionally valid.
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Otago Daily Times, Issue 26717, 11 March 1948, Page 7
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151FEDERAL BANK ACT Otago Daily Times, Issue 26717, 11 March 1948, Page 7
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