President : I am afraid I cannot enlighten Members on this point. I take it
that you would like me to make enquiries as to why this particular division was
made.
 Honourable E. A. C. Hughes: I am wondering whether we should pass the
Bill now. If there is no urgency I suggest that we leave it in Committee until this
point is cleared up. I observe, however, thafthis Council has already approved
the Report of the Currency ,Conference, which has been embodied in the
Agreement.
 President : The only thing is that we have been receiving enquiries from
other Governments,regarding the passage of the Bill.
 Question that Clause 5 as amended Stand part of the Bill put and agreed to.
Clause .6-Legal tender.
 Question put and agreed to.
Clause 7-Conversion of currency notes and coin into sterling and vice versa.
 Question put and agreed to.
Clause, 8-Meeting of deficiencies in Fund or Income Account.
 Question put and agreed to.
 Honourable Member for Kingstown : Does Government here mean Governor-
in-Council.
 Honourable E. A. C. Hfughes : No. The Currency Board here takes the place
of the Executive Council.
Clause 9-Demonetisation of currency notes and coin.
 Question put and agreed to.
 Honourable Member for South Windward: When currency ceases to be legal
tender, will we be able to get payment for the value of the currency held?
 Honourable E. A. C. Hughes : The Currency Board will be responsible for
having all currency withdrawn at the same time.
 Question put and agreed to.
 Clause 10-Bills and notes payable to bearer on demand.
 Honourable Crown Attorney : I beg to move an amendment to subsection
 (2) in line-4 by replacing the words of a. sum between or '' and equal" by
 the words to a fine ".
 Question that Clause 10 as amended stand part of the Bill put and agreed to.
 Clause 11-Currency Note under this Ordinance.
 Honourable Crown Attorney-: I beg to move that the following amendments
 be made to section 11 :-
 The words the expressions should be added at the end of the second
 line. Under subsection (b) after 1936" add and in section 2 of the
 Counterfeit Currency (Convention) Ordinance, 1937 ", and add a marginal
 note No. 5 of 1937 ".
 Question that Clause 11 as amended stand part of the Bill put and agreed to.
 Clause 12-Regulations.
 Question put and agreed to.
 Clause 13-Saving.
 Question put and agreed to.