Page 2970 - Week 10 - Thursday, 15 August 1991

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MINISTER FOR URBAN SERVICES

LEGISLATIVE ASSEMBLY QUESTION

QUESTION NO 473

ACTEW - Corporatisation

Mr Stefaniak - asked the Minister for Urban Services on 6 August 1991

(1) Does the Government intend not to proceed with the

corporatisation of ACTEW?

(2) If this is the case, please provide an exact break - up of anticipated costs to be incurred by the ACT Government in the 1991-92 financial year by . ACTED if that body remains as it is.

Mr Connolly - the answer to the Members question is as follows:

(1) The Government has announced that it will review the previous Governments decisions on corporatisation and will make decisions based on the merits of each case.

(2) The dividend which will be paid to the ACT Budget by ACTEW in 1991/92 will be announced in the Budget context. I am confident that the outcome for this financial year will not be

adversely affected by the Governments decision to fully . consider the proposed corporatisation of ACTEW before making a final decision.

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