Hon George Cash questions the Department of Education and Training regarding the management and valuation of its intellectual property assets. The Department acknowledges some record-keeping but cites reasons for not maintaining a comprehensive register or valuation.

AnsweredQoN 436Legislative Council
Asked
5 March 2003
Portfolio
Education and Training

QuestionView source ↗

(1) Do the respective Departments or Agencies within your portfolio maintain a current register which lists the assets comprising the Intellectual Property of the respective Departments or Agencies?
(2) If not, why not?
(3) Are these assets valued on an annual basis?
(4) If not, why not?
(5) What is the capital value of these assets?
(6) Do the assets comprising the Intellectual Property of these Departments or Agencies appear in their respective balance sheets or Annual Reports?
(7) Will you table a copy of the respective registers?
(8) If not, why not?

AnswerView source ↗

Answered
3 April 2003
Responded by
Parliamentary Secretary representing the Minister for Education and Training
Response time
29 days
(1) No (2) It is considered that in the main, the 'IP' is held here by staff. Other materials which may have copyright ownership are not considered significant because they are either given free of charge or do not have a value outside of the organisation. There is only a small amount of materials that attract a copyright fee. (3) - (8) Not Applicable Department of Education and Training (1) Records are kept in Central Office and some TAFE Colleges of all significant Intellectual Property. (2) Not applicable. (3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(2) It is considered that in the main, the 'IP' is held here by staff. Other materials which may have copyright ownership are not considered significant because they are either given free of charge or do not have a value outside of the organisation. There is only a small amount of materials that attract a copyright fee. (3) - (8) Not Applicable Department of Education and Training (1) Records are kept in Central Office and some TAFE Colleges of all significant Intellectual Property. (2) Not applicable. (3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(3) - (8) Not Applicable Department of Education and Training (1) Records are kept in Central Office and some TAFE Colleges of all significant Intellectual Property. (2) Not applicable. (3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
Department of Education and Training (1) Records are kept in Central Office and some TAFE Colleges of all significant Intellectual Property. (2) Not applicable. (3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(1) Records are kept in Central Office and some TAFE Colleges of all significant Intellectual Property. (2) Not applicable. (3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(2) Not applicable. (3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(3) No (4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(4) No current Accounting Standards exist for the valuation of Intellectual Property (5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(5) Not applicable (6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(6) No (7) The information will be made available if the Hon Member wishes (8) Not applicable
(7) The information will be made available if the Hon Member wishes (8) Not applicable
(8) Not applicable

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