Legislative Assembly for the ACT: 1999 Week 5 Hansard (6 May) . . Page.. 1512 ..
MS CARNELL (continuing):
The CPS Credit Union has agreed to support the principles of this scheme by providing concessional rates to eligible applicants and has been selected as the loan provider. I stress that these are guarantees, not loans, grants or any other forms of financial assistance.
Mr Humphries: Loans!
MS CARNELL: Loans! Oh, no, we are in trouble.
Mr Humphries: Cover up quickly!
MS CARNELL: Cover up, yes. The maximum exposure under the scheme is capped at $500,000. If it is a loan; we had better be careful!
MR HUMPHRIES (Attorney-General, Minister for Justice and Community Safety and Minister Assisting the Treasurer): For the information of members and pursuant to section 6 of the Subordinate Laws Act 1989, I present subordinate legislation relating to an instrument of approval of the Code of Practice for Accredited Driving Instructors.
MR HUMPHRIES (Attorney-General, Minister for Justice and Community Safety and Minister Assisting the Treasurer): For the information of members, I present a paper on residential and commercial land release in the ACT 1999-2004. Mr Speaker, I have a prepared statement and I ask for leave to have that statement incorporated in Hansard.
The statement read as follows:
I am pleased to present this document which provides information on the Government's residential and commercial land releases planned for 1999-2000 and the areas to be considered for further releases over the next five years.
This is the first time that the land release program has been released in this level of detail. The Government is proposing that, in future, similar information will be released annually with the Budget.