Page 2003 - Week 06 - Thursday, 9 June 2016
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The other major change to the act contained within this bill is the introduction of an overarching objective clause for the commission for price directions, which outlines that the promotion of economic efficiency is of central importance within price regulation. This objective clause will provide significant guidance to the commission as it strives to achieve an appropriate balance between the range of competing interests and matters that must be considered when determining prices for a regulated service.
In addition to the major amendments to the framework I have outlined, the bill also incorporates a number of minor improvements to the act which, cumulatively, will help ensure improved operation of the overall regulatory framework.
I might add that the bill also contains amendments that were identified during consultation. I would like to take this opportunity to thank all stakeholders for their significant input into the broader processes undertaken to review the pricing framework and the work undertaken to develop this bill. I commend it to the Assembly.
Question resolved in the affirmative.
Bill agreed to in principle.
Leave granted to dispense with the detail stage.
Bill agreed to.
Lifetime Care and Support (Catastrophic Injuries) Amendment Bill 2016 (No 2)
Debate resumed from 5 May 2016, on motion by Mr Barr:
That this bill be agreed to in principle.
MR SMYTH (Brindabella) (8.20): The lifetime care and support amendment bill does a number of things. The lifetime care and support act, I think, has been a good move, and we will be supporting the amendments this evening. The act enables the commissioner to enter into payment agreements with somebody who is a participant in the lifetime care and support scheme and who was injured in the ACT but is now resident overseas. Under the arrangement, they will receive a payment from which they will procure their own services to meet their treatment and care needs, and that seems like a reasonable thing to do.
It provides lifetime care and support coverage for a person who is catastrophically injured in a vehicle owned or operated by the government or a government authority where it has no CTP. The ACT government has a self-insurance regime; hence some vehicles do not have CTP. Again, if that is the case, then those people injured should also have access to the lifetime care and support scheme, and that seems to be a reasonable thing.
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