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The Save the Regent Theatre Committee (SRTC ) was appointed on the 24 August 1973 by the Premier of Victoria. It was decided to research the history of the theatre and to prepare audio-visual material for campaign.
On the 24 and 26 February 1974, the Regent Committee held public meetings.
In August 1975 the Committee submitted a report to the Australian Government. The Committee recommended the preservation of the Theatre for its historic and architectural importance.