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Legislative Assembly for the ACT: 1997 Week 5 Hansard (15 May) . . Page.. 1571 ..

MRS CARNELL - The answer to the Member's question is as follows:

(1) In relation to concessions on payroll tax and other taxes and charges'

(a) Two of the above listed companies received concessions. They are the ACT Rugby Union and Sustainable Technologies Australia

(b) The details of these concessions are as follows:

ACT Rugby Union - payroll tax waiver for a period of two years Sustainable Technologies Australia - stamp duty waiver on the granting of a lease of land.

(c) The value of these concessions is as follows:

ACT Rugby Union - to a maximum of $75,000 per year
Sustainable Technologies Australia - $5,5l5

(2) The businesses which received business assistance grants and the value in each case:

Applicant Amount/Value

Drinkworld $35,000

Capital Plastics Australia $50,000

Pacific Noise and Vibration $60,000

Olivetti $90,000 over 2 years

Modernfold Australia $85,000

There are three businesses which have been approved under the program and which for various reasons have yet to take up the funds:

Applicant Amount/Value

Woolhouse Australia $100,000

Capital Air Services $ 60,000

BioLogic International $ 80,000

(3) The businesses which received direct grants of land, the location of this land and the value of the land in each case:

Applicant Location Value

Sustainable Technologies Symonston $200,000

Transborder Mitchell $100 000.

NOTE: Transborder has been approved for a discount on the purchase of an existing lease but has yet to finalise a formal assistance agreement.

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