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Legislative Assembly for the ACT: 2002 Week 13 Hansard (21 November) . . Page.. 4012 ..

Attachment E

ACT DEPARTMENT OF TREASURY

QUESTION ON NOTICE 271

Revenue Management: t

(1) Can the Minister advise of all Inquiries, Reports, Reviews, Committees of Inquiry and Taskforces that agencies currently under his direct control in each of his ministerial portfolios established during the 2000-2001 financial year.

Preparation of advice on the application of the Income Tax Assessment Act 1997 and the Tax Equivalent Regime provisions for the ACTEW/AGL Partnerships.

(2) How much did each of these cost and what was the total cost to Government of these projects.

PricewaterhouseCoopers were paid $9,240 (this includes $840 for GST) for the advice. Support for the advice was provided by Revenue Management Branch within existing resources.

(3) Can he further advise of the cost of these projects to each agency.

No further costs were incurred.

(4) What were the terms of reference or guidelines for each of these projects.

From a whole of government perspective, advice was sought on the transitional issues relating to the move of agencies from State Tax Equivalent Regime (STER) to National Tax Equivalent Regime (NTER) covering the following key issues:

� What is the impact of the AGL/ACTEW joint venture? and

� Can the change from STER to NTER provide entities with a shield from the current dividend policy?

Attachment F

ACT DEPARTMENT OF TREASURY

QUESTION ON NOTICE 271

Economic Management:

(1) Can the Minister advise of all Inquiries, Reports, Reviews, Committees of Inquiry and Taskforces that agencies currently under his direct control in each of his ministerial portfolios established during the 2000-2001 financial year.

The Independent Competition and Regulatory Commission, Inquiry into Motor Vehicle Fuel Prices. The date of the Treasurer's reference was 14 April 2001.

(2) How much did each of these cost and what was the total cost to Government of these projects.

The cost of the report was $40,000.

(3) Can he further advise of the cost of these projects to each agency.

See (2) above.

(4) What were the terms of reference or guidelines for each of these projects.

The terms of reference are at Attachment F(i).

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