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Legislative Assembly for the ACT: 2000 Week 3 Hansard (9 March) . . Page.. 776 ..

Hirers recurrent No pool - No pool - No pool -

receipts 100% 100% 100%

generated generated generated

by hirer by hirer by hirer

(not shared (not shared (not shared

with other with other with other

hirers) hirers) hirers)

Corporate Boxes 83.5% 90% 80%

Hirers advertising 80% 80% 80%

Hirers premium 25% 60% 20%

passes

Season passes 85% 92% 85%

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HEADS OF AGREEMENT

This agreement entered into on this fifth day of September 19978 at Canberra between the Australian Capital Territory, a body politic, established under section 7 of the Australian Capital Territory Act 1988 (Commonwealth) (herein-after referred to as "the Territory") of the first part; and

Canberra Districts Rugby League Football Club Limited ACN .......... ("CDRL") AHCD Pty Ltd ACN ....... ("AHCB") and the successors or assigns of either or both of them (here-after collectively referred to as "the Raiders")of the second part.

Whereas the Territory proposes to redevelop the Bruce Stadium; and

The Raiders intend to occupy and utilise the Stadium for its events;

The parties agree to enter into negotiations in good faith regarding terms and conditions for the hire. of the Stadium by the Raiders("the Hiring Agreement") in accordance with the principles and intentions set out below:

PERIOD OF HIRING

The Hiring Agreement will be for a 10 year period. with a further 10 year extension by agreement of the parties, subject to the Territory securing a further sublease of the Stadium for that period, and is effective for the day of the game only (from 12.01 am to 11.59 pm - the hiring period) for matches allocated by the Governing Body of the sport in which the Raiders participate from time to time (herein after referred to as the Governing Body) and such other matches as the parties may agree from 1999 (1st game of the 1999 season) to 2008 (1ast day of the 2008 season)

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