❓ Question on Notice regarding potential conflict of interest related to the sale of Westrail freight, specifically concerning the Minister for Transport's prior shareholdings in Wesfarmers and their transfer to his wife. The Premier's response addresses the declared interests and timing of share transfers.
AnsweredQoN 330Legislative Assembly
QuestionView source ↗
Prior to Cabinet’s consideration of the sale of Westrail freight - (1) Did the Minister for Transport advise the Premier that his wife had shares in Wesfarmers Ltd, some of which were obtained from the minister himself? (2) If yes, was Cabinet advised, and did the minister withdraw from the cabinet room while this matter was under discussion? I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT
AnswerView source ↗
(1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(1) Did the Minister for Transport advise the Premier that his wife had shares in Wesfarmers Ltd, some of which were obtained from the minister himself? (2) If yes, was Cabinet advised, and did the minister withdraw from the cabinet room while this matter was under discussion? I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(2) If yes, was Cabinet advised, and did the minister withdraw from the cabinet room while this matter was under discussion? I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
[See paper No 485.]
(1) Did the Minister for Transport advise the Premier that his wife had shares in Wesfarmers Ltd, some of which were obtained from the minister himself? (2) If yes, was Cabinet advised, and did the minister withdraw from the cabinet room while this matter was under discussion? I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(2) If yes, was Cabinet advised, and did the minister withdraw from the cabinet room while this matter was under discussion? I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
I inform the Premier that this is not a question with notice. I presume he will remember what happened. The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
The SPEAKER: Just ask the question, member. Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Ms MacTIERNAN: The question continues - (3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(3) Did any other minister declare a conflict of interest in this matter? (4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(4) If yes, which ministers declared an interest, and did they withdraw from the cabinet room while the matter was under discussion? Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Mr COURT replied: (1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
(1)-(4) I cannot answer the last part of the question, but I will make some inquiries about that matter. According to the rules in the Members of Parliament (Financial Interests) Act 1992, under which we operate, parliamentarians declare their financial interests. The Minister for Transport declared a holding of shares in Westralian Farmers Co-operative Ltd and the Wesfarmers franked income fund. That declaration was made on 26 June 1993. In a letter dated 14 November 2000 to the Clerk of the Legislative Council, the Minister for Transport provided details of the transfer of those shareholdings. In a question without notice of 14 November 2000 from Hon Ed Dermer, MLC, the Minister for Transport stated that the shares - Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Ms MacTiernan: No, we are asking - Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
Mr COURT: Just listen to the answer. The shares were transferred to his wife, who already had a holding in the company. The matter involved 1 406 Wesfarmers Ltd shares, and the minister’s holding in Wesfarmers CSBP Ltd was valued at $1 920. At all times the Minister for Transport had declared his interest and, as such, any conflict of interest would have been apparent. However, he did not have those shares when final decisions were made by Cabinet. I table a document detailing when those transfers took place. [See paper No 485.]
[See paper No 485.]
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