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None . . Page.. 948 ..

MR WHITECROSS (11.38): Mr Speaker, we are happy to support these amendments. The view of the Labor Party is that providing the maximum mobility rights for employees between Commonwealth and ACT government employment is in the public interest and is in the best interests of ensuring the most efficient disposition of staff across the ACT and Commonwealth governments. We are happy to support the amendments for this reason. We are sorry that the mobility arrangements could not be more long lasting and more extensive, although I understand the reasons for that.

Amendments agreed to.

MS TUCKER (11.39): This amendment was circulated in the name of Lucy Horodny. I move:

Page 8, line 11, insert the following clause:

“Substitution of section 7

1A. Section 7 is to be taken to be replaced by the following section:

Principal objectives of Company

‘7. (1) The principal objectives of the Company are to -

(a) operate at least as efficiently as any comparable business;

(b) maximise the sustainable return to the Territory on its investment in the company in accordance with the performance targets contained in the latest statement of corporate intent of the Company;

(c) exhibit a sense of social responsibility by having regard to the interests of the community in which it operates; and

(d) where its activities affect the environment - conduct its operations in compliance with the principles of ecologically sustainable development.

‘(2) For the purposes of paragraph (1)(d), ecologically sustainable development is to be taken to require the effective integration of economic and environmental considerations in decision-making processes and to be achievable through implementation of the following principles:

(a) the precautionary principle, namely, that if there is a threat of serious or irreversible environmental damage, a lack of full scientific certainty should not be used as a reason for postponing measures to prevent environmental degradation;

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