Hon George Cash inquires about the management and valuation of intellectual property assets within the Premier's portfolio agencies. The response indicates varying levels of compliance and valuation practices across different agencies.

AnsweredQoN 421Legislative Council
Asked
5 March 2003
Portfolio
Premier

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
8 April 2003
Responded by
Leader of the House representing the Premier
Response time
34 days
Department of the Premier and Cabinet (1) – (8) The Department operates in accordance with the government's Intellectual Property Policy that requires intellectual property created with government resources to be identified, captured, suitably protected and responsibly managed. The Department keeps records and maintains a number of different listings of intellectual property assets, such as lists of publications on the departmental websites and in the Annual Report. In this regard the Department complies with Treasurer's Instruction 410 which requires the keeping and maintenance of registers of public property, specifically with respect to copyright of publications. There is no specific capital value placed on intellectual property assets as it is considered they have no commercial value and to be of such significance that it can be measured in accordance with standard accounting practices. If the member has a particular issue of concern, I would be pleased to consider arranging for the agency to provide information on that specific issue. Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
The Department operates in accordance with the government's Intellectual Property Policy that requires intellectual property created with government resources to be identified, captured, suitably protected and responsibly managed. The Department keeps records and maintains a number of different listings of intellectual property assets, such as lists of publications on the departmental websites and in the Annual Report. In this regard the Department complies with Treasurer's Instruction 410 which requires the keeping and maintenance of registers of public property, specifically with respect to copyright of publications. There is no specific capital value placed on intellectual property assets as it is considered they have no commercial value and to be of such significance that it can be measured in accordance with standard accounting practices. If the member has a particular issue of concern, I would be pleased to consider arranging for the agency to provide information on that specific issue. Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
The Department keeps records and maintains a number of different listings of intellectual property assets, such as lists of publications on the departmental websites and in the Annual Report. In this regard the Department complies with Treasurer's Instruction 410 which requires the keeping and maintenance of registers of public property, specifically with respect to copyright of publications. There is no specific capital value placed on intellectual property assets as it is considered they have no commercial value and to be of such significance that it can be measured in accordance with standard accounting practices. If the member has a particular issue of concern, I would be pleased to consider arranging for the agency to provide information on that specific issue. Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
In this regard the Department complies with Treasurer's Instruction 410 which requires the keeping and maintenance of registers of public property, specifically with respect to copyright of publications. There is no specific capital value placed on intellectual property assets as it is considered they have no commercial value and to be of such significance that it can be measured in accordance with standard accounting practices. If the member has a particular issue of concern, I would be pleased to consider arranging for the agency to provide information on that specific issue. Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
There is no specific capital value placed on intellectual property assets as it is considered they have no commercial value and to be of such significance that it can be measured in accordance with standard accounting practices. If the member has a particular issue of concern, I would be pleased to consider arranging for the agency to provide information on that specific issue. Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
If the member has a particular issue of concern, I would be pleased to consider arranging for the agency to provide information on that specific issue. Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
Anti-Corruption Commission The Anti-Corruption Commission has provided the following information: (1) The Acc does not have assets that meet the definition of Intellectual property as outlined in current policy and guidelines (2) – (8) Not applicable. Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
Governor's Establishment In accordance with the definition of 'Intellectual property' provided to this department, items (1) –(8) are not applicable to the Governor's Establishment Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.
Office of the Public Sector Standards Commissioner The Commissioner for Public Sector Standards advises as follows: (1) Yes (2) Not applicable (3) Yes (4) Not applicable (5) Less than $50,000 dependent on whether public or private sale (6) Yes – annual report (7) See Q6 information in tabled Annual Report (8) Not applicable.

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