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Legislative Assembly for the ACT: 2003 Week 3 Hansard (23 October) . . Page.. 4079 ..

ACT Forests - Page 211

ACT Housing - Page 237

ACTION Authority - Page 415

PTE's individual circumstances determine the level of funds available for investment. Explanations for budget variations are provided in Agencies annual reports.

The cash amount represents the amount of funds retained as cash at bank as opposed to held in investments at a point in time. Main reason for the reduction in cash over

2003-04 is an increased allocation of cash to investments.

Charities Bill 2003

(Question No 921)

Mr Smyth

asked the Minister for Health, upon notice:

In relation to the release of the exposure draft of the proposed Charities Bill 2003 by the Federal Government:

Has the ACT Government undertaken an analysis of this proposed Bill in the context of any possible impact on public hospitals and similar organisations operating in the ACT;

In particular, is the ACT Government aware of any potentially adverse impact of the provisions in this proposed Bill on employee benefits;

If an analysis of this exposure draft has been made, what has been the outcome;

If an analysis of the implications of the exposure draft has not been undertaken, why not.

Mr Corbell

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

The Charities Definition inquiry and its potential impact on public hospitals was examined by the Australian Health Ministers' Advisory Council (AHMAC) Tax Implementation Working Group on which the ACT is represented;

No potentially adverse impact in anticipated as the Commonwealth Treasurer's press release dated 29 August 2002 and titled 'Government Response to Charities Definition Inquiry' advises that the employees of public hospitals will continue to be subject to the $17,000 capped fringe benefits tax exemption, whether or not those public hospitals are public benevolent institutions;

As advised in the Commonwealth Treasurer's press release, the proposed Charities Bill 2003 will not impact on public hospitals;

Not applicable.

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