Dismissal timeline - May 1975

Federal Parliament sits 13-15, 20-22 and 27-29 May 1975

20 May

The Federal Executive Council revokes the approval it gave on 28 January 1975 for a US$2,000 million overseas loan.


Glossary

Overseas loans - Following the Federal Executive Council's decision to rescind the raising of a US$4,000 million overseas loan on 7 January 1975, a fresh loan authority for US$2,000 million was approved on 28 January 1975.