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Legislative Assembly for the ACT: Week 5 Hansard (25 May) . . Page.. 2187..


(3) Did the change from selling a joint venture partner's share to selling the entire joint venture business have any impact on the outcome of the sale process, including the allocation of commitments, including expenses, between the partners;

(4) During the period between 21 February 2002 and 30 June 2002, did the operations of the quarry continue as usual;

(5) What arrangements were used to pay for costs incurred during the period mentioned in paragraph (4) and were these costs shared appropriately between the partners in the joint venture.

Mr Quinlan: The answer to the member's question is as follows:

See the answer to Question No 1330 above.

Williamsdale Quarry

(Question No 1335)

Mr Smyth asked the Treasurer, upon notice, on 4 March 2004:

(1) Further to the reply to a Question without notice of 10 February 2004 and in relation to the process followed in selling the Williamsdale Quarry joint venture, what process was undertaken to establish the extent of any interest in purchasing either the interest of Totalcare in the joint venture or in purchasing the entire quarry business and assets;

(2) If a process involving a public tender to establish interest in buying either Totalcare's share of the joint venture or the entire business was not undertaken, what was the reason for not calling for public expressions of interest or for offers;

(3) Of the four offers that were received to buy Totalcare's share in the joint venture, how many of these parties were interested in buying the entire operations of the joint venture;

(4) Was a separate process initiated to seek expressions of interest in buying the entire business of the joint venture; if so, what was the outcome of this process; if not, why not.

(5) Is there any relationship between the purchaser of the business and assets of the joint venture, Pioneer Construction Materials Pty Limited, and any of the entities involved in the joint venture; if so, what is the nature of this relationship.

Mr Quinlan: The answer to the member's question is as follows:

See the answer to Question No 1330 above.

Williamsdale Quarry

(Question No 1336)

Mr Smyth asked the Treasurer, upon notice, on 4 March 2004:

(1) Further to the reply to a Question without notice of 10 February 2004 and in relation to structure of the Williamsdale Quarry joint venture, (a) what was the formal structure of


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