Page 2612 - Week 07 - Thursday, 18 June 2009

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Finance—unclaimed trust money
(Question No 149)

Mr Smyth asked the Treasurer, upon notice, on 2 April 2009:

(1) What amount of unclaimed trust money was held by the Territory as at 1 January for each of the past ten years.

(2) If there was unclaimed trust money in any of these years, was a statement prepared of the status of the trust banking account for each year; if so, when was this statement prepared; if not, why not.

(3) If any such statements were prepared, were these statements published in a newspaper published in the ACT; if so, on what dates; if not, why not.

Ms Gallagher: The answer to the member’s question is as follows:

(1) The amount of moneys declared and remaining unclaimed as at 1 January for each of the past ten years in accordance with section 53A(2) of the Financial Management Act 1996 is as follows:

1999

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

$

$

$

$

$

$

$

$

$

$

$

46,978

79,372

82,440

82,440

82,440

82,440

82,440

116,859

109,485

109,485

109,485

cumulative balance as at 1 January each year

(2) In accordance with the requirements of section 53A(3) of the Financial Management Act 1996 a statement was prepared in respect of those moneys declared unclaimed at the time they were declared unclaimed.

(3) In accordance with the requirements of section 53A(5) of the Financial Management Act 1996 a statement was advertised in the Canberra Times in respect of those moneys declared unclaimed at the time they were declared unclaimed. April 1999, February 2000, February 2001 and February 2006.

Finance—general government sector
(Question No 150)

Mr Smyth asked the Treasurer, upon notice, on 2 April 2009:

(1) What was the outcome of expenditure incurred in the General Government Sector, for the 2008-09 financial year, up to 28 February 2009.

(2) What was the outcome for revenue received in the General Government Sector, for the 2008-09 financial year, up to 28 February 2009.

(3) What was the estimated outcome of the expected long term capital gains on superannuation investments for the 2008-09 financial year, up to 28 February 2009.

Ms Gallagher: The answer to the member’s question is as follows:

(1) Total expenditure up to 28 February 2009 is $2,188 million.


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