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Legislative Assembly for the ACT: 2000 Week 7 Hansard (28 June) . . Page.. 2156 ..
I ask for leave to make a short statement with regard to these papers.
Leave granted.
MS CARNELL
: Mr Speaker, I ask members of the Assembly to take into account that information in these contracts could be confidential to the people involved, and I ask for the cooperation of members, as has been the case in the past, to respect that confidentiality.Financial Management Act-
Pursuant to section 26-Consolidated Financial Management Report for the month and financial year to date ending 30 April 2000.
MR HUMPHRIES (Treasurer, Attorney-General and Minister for Justice and Community Safety): Mr Speaker, for the information of members, I present the following paper:
Financial Management Act-
Pursuant to subsection 47 (3)-Approval of guarantee under an agreement between the Australian Capital Territory and the CPS Credit Union Co-operative (ACT) for a loan under the Small Business Loan Guarantee Scheme, dated 26 June 2000.
I ask for leave to make a short statement.
Leave granted.
MR HUMPHRIES
: I present an approval for a loan guarantee for an applicant of the small business loan guarantee scheme. Members have heard the details of the scheme in the past. The attached instrument has been approved by the chief executive of the Department of Treasury and Infrastructure as delegate, pursuant to the small business loans scheme. The loan guarantee is for Mr William Joseph and Mrs Finola Mary Doran, the owner of Capital Inspection Services, an ACT company which will offer non-destructive and in-service testing of equipment. I stress that these are guarantees, not loans. The maximum exposure under the scheme is capped at $500,000. To date, including this loan, loans to the value of $90,020 have been approved under the scheme.
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