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Legislative Assembly for the ACT: 1999 Week 12 Hansard (25 November) . . Page.. 3760 ..
MR SMYTH (continuing):
years since grant , in relation to a lease, means the number of whole years since the lease was granted under section 161 or 171A.
owed amount , in relation to a lease, means any amount remaining to be paid under the lease, even if the amount is not due.
"186EB Index numbers
"(1) In this Division-
index number means the All Groups Consumer Price Index number, being the weighted average of the 8 capital cities, published by the Australian Statistician from time to time.
"(2) However, in determining index numbers for this Division-
(a) if the Australian Statistician revises the calculation of an index number for a reason other than a change in the reference base for the All Groups Consumer Price Index and, as a result of the calculation, publishes an index number for a period in substitution for the previous index number, the later index number is disregarded; and
(b) if the Australian Statistician changes the reference base for the consumer price index after the lease is granted but before the calculation of the later index number, the earlier index number is the index number that would have been applicable if the new reference base had been in effect when the lease was granted.
Again, amendments 4 to 7 continue the amendments that will set up the regime for the Pialligo leases, and I urge the Assembly to support them.
MR CORBELL (5.26): Mr Speaker, as previously indicated, the Labor Party will be supporting these amendments.
Amendments agreed to.
Clause, as amended, agreed to.
Clause 9 agreed to.
Proposed new clause 9A
MS TUCKER (5.27): I move:
That the following new clause be inserted in the Bill:
Page 6, line 30:
9A Insertion
After Division 7 of Part 5 the following Division is inserted in Part 5:
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