Page 300 - Week 02 - Tuesday, 1 March 1994
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end of the day, it is the profit that comes to the ACT which made this the most attractive offer that we could get our hands on, and, of course, it is safe for the ACT. It is safe for the ACT and it returns a profit, so that is good news on both scores.
Mr Humphries: Table the contract. Let us all see how good the news is.
MR BERRY: It has been cleared by Treasury.
Mr De Domenico: Table their advice.
MADAM SPEAKER: Order!
MR BERRY: It has been cleared by the Law Office.
Mr Humphries: End of case.
MR BERRY: The bona fides have been checked by Price Waterhouse, an internationally registered company.
Mrs Carnell: Vanuatu.
Mr De Domenico: Or was it the Cook Islands?
Mr Cornwell: Are you sure that it is not the Cayman Islands?
MR BERRY: They have no evidence; but, still, they are picking away, picking away, picking away. They have nothing.
Mrs Carnell: Yes.
MR BERRY: If you have something, lay it on the table and let us have a look at it. This nonsense about the arrangements that VITAB reach with people in Hong Kong - - -
Mrs Carnell: Keep digging away.
MR BERRY: If people want to ring the ACTTAB from Victoria they can do so. If people in the ACT wish to ring Victoria they can do so.
Mrs Carnell: Or VITAB.
MR BERRY: VITAB have given an undertaking that they will not offer inducements to Australian residents. They will not offer inducements. They have given an undertaking and they have also said that they want a statement from people to say that they are not ACT residents. I do not know what you are going on about. I think you are just wasting this place's time and everybody else's. You can waste yours. We will get on with the more serious business while you are doing it.
MR HUMPHRIES: I have a supplementary question, Madam Speaker. If it is true that VITAB could offer a better dividend than, say, ACTTAB, is there anything to stop an Australian punter from establishing telephone or computer betting facilities, betting accounts, directly with VITAB?
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