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Legislative Assembly for the ACT: 2006 Week 13 Hansard (12 December) . . Page.. 3982..


Financial Management Act—instrument

Paper and statement by minister

MR STANHOPE (Ginninderra—Chief Minister, Treasurer, Minister for Business and Economic Development, Minister for Indigenous Affairs and Minister for the Arts): For the information of members, I present the following paper:

Financial Management Act, pursuant to section 16—Instrument directing a transfer of appropriation from the Chief Minister's Department to the Department of the Territory and Municipal Services, including a statement of reasons.

I ask for leave to make a statement in relation to the paper.

Leave granted.

MR STANHOPE: Mr Speaker, as required by the Financial Management Act 1996, I have tabled an instrument issued under section 16 of the act. The direction and the associated statement of reasons for the instrument must be tabled in the Assembly within three sitting days after it is given. This transfer of appropriation under section 16 of the act relates to the transfer of responsibility for the National Convention Centre project from the Chief Minister's Department to the Department of Territory and Municipal Services as a result of decisions announced in the 2006-07 budget. The details of the instrument can be found within the tabled package. I commend the paper to the Assembly.

Rhodium Asset Solutions Ltd—annual report 2005-06

Paper and statement by minister

MR STANHOPE (Ginninderra—Chief Minister, Treasurer, Minister for Business and Economic Development, Minister for Indigenous Affairs and Minister for the Arts): For the information of members, I present the following paper:

Annual Reports (Government Agencies) Act, pursuant to section 13—Rhodium Asset Solutions Ltd—annual report 2005-06, dated 27 November 2006.

I ask for leave to make a statement in relation to the paper.

Leave granted.

MR STANHOPE: As required by section 22 of the Territory Owned Corporations Act 1990, I have tabled the annual report for 2005-06 of Rhodium Asset Solutions. The act specifies that annual reports be tabled within three months after the end of the financial year, but, due to delays in finalising the financial statements, I approved an extension for Rhodium to table the annual report before the end of December 2006. The 2005-06 annual report outlines Rhodium's corporate management performance and includes the directors' report, the Auditor-General's report and annual financial statements. I commend Rhodium's 2005-06 annual report to the Assembly.


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