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Legislative Assembly for the ACT: 2000 Week 3 Hansard (9 March) . . Page.. 886 ..

MR HUMPHRIES (continuing):

not, in effect, an asset should be devoted to the joint venture. That would be a very unfortunate situation. It would remove the certainty which we have argued for already tonight that the Assembly should be giving to this process to allow us to go ahead.

I can assure members opposite that if any significant assets are to be sold or disposed of we will consult with the Assembly about that. That is my undertaking as the Treasurer on behalf of the Government. With respect, that is a more satisfactory arrangement than trying to build this confusing provision into the legislation. It will certainly compound the problem of knowing what is a significant asset versus a main undertaking in terms of how to deal with the movement of assets that the Assembly has now resolved to see take place.

Question put:

That the amendments (Mr Quinlan 's ) be agreed to.

The Assembly voted -

AYES, 7   	NOES, 10

Mr Berry  	Ms Carnell
Mr Corbell  	Mr Cornwell
Mr Hargreaves  	Mr Hird
Mr Quinlan  	Mr Humphries
Mr Stanhope  	Mr Kaine
Ms Tucker  	Mr Moore
Mr Wood  	Mr Osborne
 		Mr Rugendyke
 		Mr Smyth
 		Mr Stefaniak
Question so resolved in the negative.

Clause agreed to.

Clause 12 agreed to.

Clause 13

Amendment (by Mr Quinlan ) proposed:

Page 7, line 8, paragraph (1)(c), after "electricity", insert "or of assets formerly vested in ACTEW or a subsidiary of ACTEW that have been the subject of a declaration under section 11 that has been approved by the Legislative Assembly".

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