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Legislative Assembly for the ACT: 2000 Week 3 Hansard (9 March) . . Page.. 787 ..


BEVERAGES

ACTRU can enter into exclusive arrangements with beverage companies. The revenue from these arrangements remains the revenue of ACTRU.

The Territory however, will retain the revenue for all products sold.

The Territory will also be entitled to enter into arrangements with beverage companies to facilitate the supply and installation of equipment such as plumbing. The Territory will ensure that it does not commit to any exclusive arrangement which would lock out the ACTRU's individual sponsors. The Territory will also ensure that any arrangements which are entered into will not inhibit ACTRU's sponsors exclusive point of sale materials and signage to be displayed for their events.

EXPENSES

In addition to the hiring charge, ACTRU will pay:

Reasonable staff costs other than management staff and persons employed by the Territory;

On costs as agreed between the Territory and ACTRU including:

Cleaning the Stadium;

Telephone and fax costs of Stadium equipment used;

Costs associated with altering electrical, gas, water, communication or other facilities;

Scoreboard operations;

Marking of the arena including signs or logos;

Cost of electricity used for fighting and broadcasting;

Police services and security; and

Other services as required or requested.

ASSURANCE OF REVENUE

During the negotiation of this Agreement the parties have considered the financial model and the business-planning principles prepared by consultants to the Territory ("the Business Plan"). The Business Plan illustrates a range of potential financial scenarios for the Stadium and ACTRU.

The table below sets out a summary of the potential outcomes from various levels of ticket, box and signage sales by ACTRU and other hirers.


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