❓ This parliamentary question scrutinises the financial and contractual arrangements between the Western Australian government and WA Return Recycle Renew Ltd (WARRRL) regarding the Scheme Price payable by producers, focusing on potential risks and lack of compensation for producers due to amendments in the Supply Agreement.
⏳ Awaiting AnswerQoN 2608Legislative Assembly
QuestionView source ↗
(1) Is it correct that the Supply Agreement permits WA Return Recycle Renew Ltd (WARRRL) to determine the Scheme Price payable by producers:
(a) Does the Supply Agreement specify:
(i) a maximum Scheme Price;
(ii) a fixed pricing formula; and
(iii) any cap on future price increases?
(2) Is it correct that clause 10.2(c) permits amendment of the Payments Schedule on 10 Business Days' notice?
(3) Is it correct that clause 9 permits amendment of the Supply Agreement following changes to legislation or the Coordinator Agreement?
(4) Is it correct that producers are not entitled to compensation for losses arising from amendments made under clause 9?
(5) Does the Government consider that producers entering the agreement bear the financial risk of future regulatory changes to the scheme?
(6) Will the Minister table any assessment undertaken of the financial risks imposed on producers by these provisions?
Answered on
(a) Does the Supply Agreement specify:
(i) a maximum Scheme Price;
(ii) a fixed pricing formula; and
(iii) any cap on future price increases?
(2) Is it correct that clause 10.2(c) permits amendment of the Payments Schedule on 10 Business Days' notice?
(3) Is it correct that clause 9 permits amendment of the Supply Agreement following changes to legislation or the Coordinator Agreement?
(4) Is it correct that producers are not entitled to compensation for losses arising from amendments made under clause 9?
(5) Does the Government consider that producers entering the agreement bear the financial risk of future regulatory changes to the scheme?
(6) Will the Minister table any assessment undertaken of the financial risks imposed on producers by these provisions?
Answered on
AnswerView source ↗
⏳
This question is awaiting a response from the Minister.
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