Page 1473 - Week 05 - Wednesday, 10 April 2013
Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video
“(a) as reported to the Assembly on 9 April, the estimated final cost of the Enlarged Cotter Dam is in excess of the original budget, due to the unexpected geological events that occurred in March 2012;”.
(2) Omit subparagraph (1)(c), substitute:
“(c) in response to a shareholder request, the Board of ACTEW Corporation Ltd have commissioned PWC to undertake an independent review of its governance and integrity processes to ensure the business is both operating within commercial standards and within community expectations. The Government understands the report will be completed in May 2013;”.
(3) After subparagraph (1)(e), insert:
“(f) the Treasurer advised the Assembly of concerns relating to the under reporting of executive remuneration on 19 March 2013 and undertook to report back further findings in relation to the issue;
(g) that a Special General Meeting of ACTEW Corporation Ltd will be held on 15 April to discuss some of these issues as called by the shareholders;
(h) that the ACT Auditor-General has advised on its website that it has a proposal to conduct an audit on Governance and Administrative Arrangements for the Regulatory Review of Water and Sewerage Prices in the ACT;
(i) that the Government will:
(i) report back to the Assembly on the final costing of the ECD after completion;
(ii) discuss the issues relating to remuneration with the Board of ACTEW Corporation Ltd at the Special General Meeting on 15 April 2013 and report back on any resolution at the next sitting;
(iii) brief the Opposition Leader as requested on 12 April 2013;
(iv) consider the issue of governance raised by the Independent Competition and Regulatory Commission in its current review on water pricing which will be informed by the outcome in the Commission’s final report;
(v) consider any recommendations made by the ACT Auditor-General in relation to her findings from her proposed Governance and Administrative Arrangement inquiry;
(vi) provide the ACT Auditor-General with documents and assistance if requested; and
(vii) report back to the Assembly by June on progress on all these issues.”.
(4) Omit paragraph (2).
Next page . . . . Previous page . . . . Speeches . . . . Contents . . . . Debates(HTML) . . . . PDF . . . . Video