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Legislative Assembly for the ACT: 1996 Week 4 Hansard (18 April) . . Page.. 1142..


CHIEF MINISTER FOR THE AUSTRALIAN CAPITAL TERRITORY

LEGISLATIVE ASSEMBLY QUESTION

Question No. 186

Act of Grace Payments - CRA Group Restructure

MS FOLLETT - Asked the Chief Minister upon notice on 26 March 1996:

In relation to the answer to Question on Notice No. 123 (Act of Grace payments); in particular, the list of Revenue Office write-offs and waivers for the period 9 March to 30 November 1995, specifically, the waiver of ten point eight million dollars($10.8m) of Stamp Duty given to the CRA Group on 13 August last year and your statement that NSW and SA had also granted a waiver -

1) How much stamp duty, or other state taxes and charges did those states waive.

2) On what advice did you waive the stamp duty for CRA.

MRS CARNELL - The answer to the Member's question is as follows:

1) In Victoria a full exemption of $7.26 million was granted to CRA Ltd in the 1992/93 financial year. The NSW Office of State Revenue is not in a position to reveal taxpayer related information. I do not recall making a statement that South Australia granted a waiver.

2) On the advice of senior officers of the Office Of Financial Management.


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