❓ Dr. Steve Thomas asks the Treasurer about the balances and purposes of several special purpose accounts created since March 2017, including the Temporary Access Contribution and Receipts in Suspense/Clearing accounts. The Minister provides the requested information, incorporating it into Hansard.
AnsweredQoN 499Legislative Council
QuestionView source ↗
FINANCIAL MANAGEMENT ACT
— SPECIAL PURPOSE ACCOUNTS
499. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I
refer to questions without notice 295 and 346, on special purpose accounts,
answered on 7 April and 10 May 2022 , and to Legislative Assembly
estimates hearings supplementary information numbers A7 and A8.
(1) What is the
current or latest available balance of each of the 12 Treasurer's
special purpose accounts created since March 2017, as listed in the Legislative
Assembly estimates hearings supplementary information number A7?
(2) What is the
purpose of the temporary access contribution account, and what is the latest
available balance of the account?
(3) What is the
purpose of the receipts in suspense/clearing account, and what is the latest
available balance of the account?
— SPECIAL PURPOSE ACCOUNTS
499. Hon Dr STEVE THOMAS to the minister representing the
Treasurer:
I
refer to questions without notice 295 and 346, on special purpose accounts,
answered on 7 April and 10 May 2022 , and to Legislative Assembly
estimates hearings supplementary information numbers A7 and A8.
(1) What is the
current or latest available balance of each of the 12 Treasurer's
special purpose accounts created since March 2017, as listed in the Legislative
Assembly estimates hearings supplementary information number A7?
(2) What is the
purpose of the temporary access contribution account, and what is the latest
available balance of the account?
(3) What is the
purpose of the receipts in suspense/clearing account, and what is the latest
available balance of the account?
AnswerView source ↗
I thank the member for some notice
of the question. The following answer has been provided to me by the Minister
for Emergency Services representing the Treasurer.
I seek leave to have the response
incorporated into Hansard .
[Leave granted for the following
material to be incorporated.]
Answer
(1) I
seek leave to have the below information incorporated into Hansard .
Debt
Reduction Account – estimated balance at 30 June 2022: Nil
National
Redress Scheme and Civil Litigation for Survivors of Institutional Child Sexual
Abuse Account – estimated balance at 30 June 2022: $1 million
Noongar
Land Fund – estimated balance at 30 June 2022: $3 million
WA
Government Strategic Alliance Fund – estimated balance at 30 June 2022:
$1 million
Receipts
in Suspense/Clearing Account – estimated balance at 30 June 2022: $1 million
Temporary
Access Contribution Account – estimated balance at 30 June 2022: Nil
New Women
and Babies Hospital Account – estimated balance at 30 June 2022: $1.785
billion
Digital
Capability Fund – estimated balance at 30 June 2022: $421 million
Social
Housing Investment Fund – estimated balance at 30 June 2022: $627 million
Softwood
Plantation Expansion Account – estimated balance at 30 June 2022: $339 million
Climate
Action Fund – estimated balance at 30 June 2022: $164 million
Remote
Communities Fund – estimated balance at 30 June 2022: Nil
(2) The Temporary
Access Contribution (TAC) Account was established by section 129M of the Electricity
Industry Amendment Act 2020 . See (1) for the account balance.
(3) The
purpose of the Receipts in Suspense/Clearing Account is:
(i) To
receive and hold money for disbursement in accordance with relevant agreements;
and/or
(ii)
To receive and hold moneys pending proper identification/classification and
subsequent transfer.
See (1)
for the account balance.
of the question. The following answer has been provided to me by the Minister
for Emergency Services representing the Treasurer.
I seek leave to have the response
incorporated into Hansard .
[Leave granted for the following
material to be incorporated.]
Answer
(1) I
seek leave to have the below information incorporated into Hansard .
Debt
Reduction Account – estimated balance at 30 June 2022: Nil
National
Redress Scheme and Civil Litigation for Survivors of Institutional Child Sexual
Abuse Account – estimated balance at 30 June 2022: $1 million
Noongar
Land Fund – estimated balance at 30 June 2022: $3 million
WA
Government Strategic Alliance Fund – estimated balance at 30 June 2022:
$1 million
Receipts
in Suspense/Clearing Account – estimated balance at 30 June 2022: $1 million
Temporary
Access Contribution Account – estimated balance at 30 June 2022: Nil
New Women
and Babies Hospital Account – estimated balance at 30 June 2022: $1.785
billion
Digital
Capability Fund – estimated balance at 30 June 2022: $421 million
Social
Housing Investment Fund – estimated balance at 30 June 2022: $627 million
Softwood
Plantation Expansion Account – estimated balance at 30 June 2022: $339 million
Climate
Action Fund – estimated balance at 30 June 2022: $164 million
Remote
Communities Fund – estimated balance at 30 June 2022: Nil
(2) The Temporary
Access Contribution (TAC) Account was established by section 129M of the Electricity
Industry Amendment Act 2020 . See (1) for the account balance.
(3) The
purpose of the Receipts in Suspense/Clearing Account is:
(i) To
receive and hold money for disbursement in accordance with relevant agreements;
and/or
(ii)
To receive and hold moneys pending proper identification/classification and
subsequent transfer.
See (1)
for the account balance.
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