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Legislative Assembly for the ACT: 2014 Week 6 Hansard (3 Junes) . . Page.. 1686..

Territory-owned Corporations Act—statements of corporate intent

Papers and statement by minister

MR BARR (Molonglo—Deputy Chief Minister, Treasurer, Minister for Economic Development, Minister for Sport and Recreation, Minister for Tourism and Events and Minister for Community Services) (3.25): For the information of members I present the following papers:

Territory-owned Corporations Act pursuant to subsection 19(3)—Statements of Corporate Intent—

ACTEW Corporation Limited—2014-15 to 2017-18, dated 27 May 2014.

ACTTAB Limited—1 July 2014 to 30 June 2015, dated 27 May 2014

I ask leave to make a statement in relation to the papers.

Leave granted.

MR BARR: Madam Speaker, in accordance with section 19(3) of the Territory-owned Corporations Act 1990, I hereby present the 2014-15 statements of corporate intent for ACTEW Corporation Ltd and ACTTAB Ltd.

For ACTEW, the statement of corporate intent outlines the key commercial objectives, the main undertakings, the business and corporate strategies as well as the financial outlook extending from 2014-15 and through the forward estimates period.

As the Assembly is aware, ACTTAB is going through a sale process, and the financial estimates presented in the statement of corporate intent are predicated on the government's intention to execute a contract for the sale of ACTTAB by 30 June 2014. As it is expected that there will be a transition period during the 2014-15 financial year, estimates are provided only for that financial year with no forecasts in the financial years beyond 2014-15. The government at this stage is unable to predict the financial outcome nor the actual completion date of the ACTTAB sale as the evaluation and negotiation processes are, of course, ongoing at the time of the preparation of the budget papers and this statement of corporate intent. I commend the documents to the Assembly.


Mr Corbell presented the following papers:

Subordinate legislation (including explanatory statements unless otherwise stated)

Legislation Act, pursuant to section 64—

Blood Donation (Transmittable Diseases) Act—Blood Donation (Transmittable Diseases) Blood Donor Form 2014 (No 1)—Disallowable Instrument DI2014-56 (LR, 8 May 2014).

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