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senate vote 2017-09-11#1
Edited by
mackay staff
on
2023-10-20 13:05:13
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Title
Bills — International Monetary Agreements Amendment (New Arrangements to Borrow) Bill 2017; Third Reading- International Monetary Agreements Amendment (New Arrangements to Borrow) Bill 2017 - Third Reading - Pass the bill
Description
<p class="speaker">Mathias Cormann</p><p>I move:</p>-
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2017-09-11.8.1) to pass the bill. In parliamentary jargon, they voted to read the bill for a third time.
- ### What is this bill's main idea?
- According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1718a/18bd027), the purpose of the bill was:
- > *to amend the International Monetary Agreements Act 1947 (the IMA Act) to provide a standing appropriation and authority to borrow for payments to meet drawings made by the International Monetary Fund (IMF) under the decision to renew the New Arrangements to Borrow (NAB) for a further five years, from 17 November 2017.*
<p class="italic">That this bill be now read a third time.</p> <p class="speaker">Gavin Marshall</p><p>The question is that the bill be now read a third time.</p> -
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