Page 236 - Week 01 - Thursday, 9 December 2004

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Motorsports are of vital interest to many in Canberra, and many will be anticipating some attention to the construction of a dragway for those same enthusiasts, in view of the long delays the community has had to endure in relation to that proposal. The amendments proposed therefore support the clear use of declarations in relation to third party matters and will serve to ensure that any doubt about possible claims arising is eliminated.

Opposition members who were briefed on the amendments were assured that all necessary insurances were in place in relation to this particular event and that a range of measures was being implemented to ensure the safety and wellbeing of members of the public attending this event. There was some disparity between the Treasury briefing and advice I have subsequently received that there had been no claims in 17 years. I understand there have been about half a dozen claims for injury in the life of this event. Those claims were not of a substantial nature and are not, in my view, material to these amendments. The opposition will support this bill.

DR FOSKEY (Molonglo) (11.41): The Greens also will be supporting the bill. We are very pleased that we were able to be given such comprehensive and comprehensible briefings by ACT Treasury officials. We have no concerns about the bill. Our inquiries also satisfied us that there are valid reasons for taking prompt action, given that the bill was tabled on Tuesday and we are agreeing to it on Thursday. We just want to make the strong point that, in general, this is not the way we would like the Assembly to do business; that we believe that all bills deserve scrutiny and consultation with the community. But in this case, this bill and the next bill—in fact, I will speak now to the second bill so I do not have to get up next time as well—are more or less technical bills, and we certainly support them.

MR QUINLAN (Molonglo—Treasurer and Minister for Economic Development) (11.42), in reply: I thank members for their support of these technical changes.

Question resolved in the affirmative.

Bill agreed to in principle.

Leave granted to dispense with the detail stage.

Bill agreed to.

Territory Owned Corporations Amendment Bill 2004 (No 2)

Debate resumed from 7 December 2004, on motion by Mr Quinlan:

That this bill be agreed to in principle.

MR MULCAHY (Molonglo) (11.43): The opposition will support these proposed amendments to enable the formal creation of the new entity, Rhodium Asset Solutions. Once again, I appreciate the opportunity afforded by the Treasurer to be briefed by his officials on the proposed changes and the reasons for this initiative. I understand that legal advice necessitated the change in question; but the change is, in effect, simply a

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