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Legislative Assembly for the ACT: Week 5 Hansard (25 May) . . Page.. 2184..

(5) As advised under question number (4) the results of the study are being considered and not publicly available.

(6) The report was received in February 2004.

(7) The ACT Government contributed approximately $22,000 (GST included) to the cost of the Planning Investigation.

(8) The Government is fully considering the findings of the report and other issues including environmental management and financial implications and will provide advice after that consideration.

Williamsdale Quarry

(Question No 1330)

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 in relation to the sale of the Williamsdale Quarry joint venture, are there any contingent liabilities still to be resolved following the sale of the business;

(2) What impact will the resolution of any of these contingent liabilities have on the A.C.T. Government;

(3) Were any contingent liabilities or other similar issues identified during the wind up of the joint venture that were not evident prior to the sale of the business being concluded; if so, what is the extent of these liabilities and what impact will the resolution of any of these contingent liabilities have on the A.C.T. Government.

Mr Quinlan

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

I refer to your recent requests for information concerning the sale of the Williamsdale Quarry. In particular:

the motion you introduced to the Legislative Assembly on 3 March 2003, of which the debate has been adjourned; and

Questions on Notice numbers 1330 to 1336

from Notice Paper No. 91 of 4 March 2004.

I am advised by the Chief Executive Officer of Totalcare Industries Limited that he has investigated the issues, as best understood within Totalcare, and advises the following:

there are currently no employees within Totalcare who had dealings with the Quarry to any extent so as to confirm the accuracy of any formal response to the questions asked;

the liquidator of Williamsdale Operations Pty Ltd owns all of the company records and access is limited;

notwithstanding that the records are now in good order I am advised that, to answer the questions in a proper manner, it may take lawyers anything from 4-6 weeks to respond and cost anything between $20,000 to $40,000; and

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