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❓ Mr. Johnston asks detailed questions regarding finance leases held by agencies within the Mental Health and Child Protection portfolios since 2008. The response indicates that neither the Department for Child Protection and Family Support nor the Mental Health Commission have any such leases currently in force.

AnsweredQoN 5591Legislative Assembly

Asked

30 June 2016

Member

Mr W.J. Johnston

Portfolio

Mental Health; Child Protection

QuestionView source ↗

I refer to Note 3: Summary of Significant Accounting Policies, and specifically to sub-note (r) Leases on page 81 of the Annual Report of State Finances 2014-15, and I ask: (a) for each agency in the Minister's portfolio, please detail each finance lease that has been entered into since 8 September 2008 and currently in force for each agency; (b) for each such lease, please specify the specific infrastructure or property, plant or equipment that has been financed by such a lease, what value was assigned to that infrastructure or property, plant or equipment at the time the lease was created, and what is the current value of that infrastructure or property, plant or equipment; (c) for each such lease, who is the counter party for each lease, and on what date did each lease come into force, and when is it expected that the lease will expire; (d) what was the original value of each such lease, and what is the current value of each lease; (e) for the specific infrastructure or property, plant or equipment financed by each such lease, what is the expected value of the item at the expiration of the lease; (f) for each such lease, is there an obligation to make a "balloon" or similar payment at the expiration of the lease, and if so, what is the value of any such payment, and when is it due to be made; and (g) what is the “interest rate implicit in the lease” for each such lease?

AnswerView source ↗

Answered

24 August 2016

Responded by

Minister for Mental Health; Child Protection

Response time

55 days

Department for Child Protection and Family Support
(a) The Department for Child Protection and Family Support has not entered into any finance lease arrangements since 8 September 2008.
(b) to (g) Not applicable.
Mental Health Commission
The Mental Health Commission has no finance leases currently in force that have been entered in to since 8 September 2008.

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