1
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Wednesday, January 3, 1973
"And I doubt whether anyone concerned will wish to treat its advice
lightly. The immediate establishment of a Securities Advisory Council and the
appointment of a Commissioner for Securities will mean that useful experience
will be acquired and a working organisation created before the Securities Bill
is enacted.
"The Securities Advisory Council's successor body,The Securities Council,
itself should thus be enabled to be fully effective in the exercise of its
powers almost as soon as the Bill is enacted," he added,
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