The Public Accounts Committee had been expected to hold its public hearings before the next planned assembly sitting period starting next week, but late on Monday it was confirmed the hearing would not begin until November 28.

A deal struck between Chief Minister Katy Gallagher and Opposition Leader Jeremy Hanson will see the full Assembly sit on Thursday December 4 to consider the $750 million supplementary appropriation bill.

Ms Gallagher and Mr Hanson have defended the delay.

Funds from the Commonwealth government's $1 billion concessional loan to the territory for the buy-back and demolition of 1021 Mr Fluffy homes cannot be allocated to the Asbestos Taskforce until the bill is passed.

A call for written submissions to the committee, chaired by Liberal Brendan Smyth, was issued on Monday evening. Home owners, interest groups and other organisations are invited to take part in the inquiry, which could continue on Monday, December 1, if required.

With some home owners already waiting to settle the sales of their properties, Ms Gallagher said the delay would allow proper scrutiny.

"My priority is to ensure that people in Mr Fluffy homes who want to sell their homes aren't kept waiting any longer than necessary," the Chief Minister said.

"Whilst my preference would have been to debate and pass the bill in the final November sittings, other MLA's have wanted an opportunity to scrutinise the bill. An extra day to deal specifically with the Mr Fluffy buy-back bill seeks to find the balance between allowing appropriate scrutiny while at the same time allowing some transactions to be finalised prior to the Christmas shutdown period."

Ms Gallagher has given assembly members a draft of the bill and associated documents.

In the buy-back program, homeowners will be paid the value of their home as if there were no asbestos present and given a stamp-duty waiver and additional financial assistance.

"This has been an incredibly difficult time for the owners of Mr Fluffy homes," Ms Gallagher said.

"By passing this bill during an extra sitting day, I hope we can give them certainty that those who wish to move on quickly are able to do so, with some urgent cases settled before Christmas."

Mr Hanson said the spending of $1 billion, to be repaid to the Commonwealth during 10 years, required proper scrutiny.

"I have agreed with Katy Gallagher that the assembly will sit on December 4 to consider the legislation, which will be after [the committee] has completed its process.

"There was a view that if PAC was going to be able to do its job property, then it would simply take more time with regard to hearings, allowing times for submissions and considering all the aspects of the bill.

Mr Hanson said negotiations with the government had been constructive but conceded the two sides had not agreed on everything.

"This isn't something we should be rushing through. Certainly, there is urgency attached to this but we need to make sure that the assembly allows sufficient time for this important committee."