❓ Dr. Steve Thomas questions the Minister regarding the government's financial assistance to Griffin Coal's administrators, focusing on authorization, information requirements, drawdown procedures, and creditor payments. The Minister provides answers sourced from the Minister for State Development, Jobs and Trade.
AnsweredQoN 32Legislative Council
QuestionView source ↗
GRIFFIN COAL
32. Hon Dr STEVE THOMAS to the minister representing the
Minister for State Development, Jobs and Trade:
I am glad I picked
that up.
I refer to the Minister for State
Development, Jobs and Trade's statement to the Legislative Assembly
yesterday on the extraordinary payment made by the government to the
administrators/receivers of Griffin Coal.
(1) Who will authorise the drawdown
of funds that have been provisioned?
(2) What
information is required from the Griffin Coal Mining Company before a drawdown
of funds is authorised?
(3) Is the
drawdown of funds to be taken in multiple actions; and, if so, will information
be required to be submitted each time?
(4) Can any of
the payments be used to pay any of existing creditors of Griffin Coal; and, if
so, how much and in what circumstances?
32. Hon Dr STEVE THOMAS to the minister representing the
Minister for State Development, Jobs and Trade:
I am glad I picked
that up.
I refer to the Minister for State
Development, Jobs and Trade's statement to the Legislative Assembly
yesterday on the extraordinary payment made by the government to the
administrators/receivers of Griffin Coal.
(1) Who will authorise the drawdown
of funds that have been provisioned?
(2) What
information is required from the Griffin Coal Mining Company before a drawdown
of funds is authorised?
(3) Is the
drawdown of funds to be taken in multiple actions; and, if so, will information
be required to be submitted each time?
(4) Can any of
the payments be used to pay any of existing creditors of Griffin Coal; and, if
so, how much and in what circumstances?
AnswerView source ↗
I
thank the Leader of the Opposition for some notice of the question. I was asked
four questions so I have four answers this time! The following answer
has been provided to me by the Minister for State Development, Jobs and Trade.
(1) It will be
the Department of the Premier and Cabinet under the conditions set by the
financial assistance agreement between Griffin Coal's managers and
receivers and the state.
(2) It will be
supporting information for expenditure consistent with normal government
standards for payments, including information about expenditure and invoices.
(3) The financial assistance agreement provides for the
drawdown of funds to be undertaken in multiple actions , but it does not
require this. Supporting information would be required for each drawdown as per
part (2).
(4) The financial assistance
agreement explicitly excludes payments to secured creditors of Griffin Coal.
thank the Leader of the Opposition for some notice of the question. I was asked
four questions so I have four answers this time! The following answer
has been provided to me by the Minister for State Development, Jobs and Trade.
(1) It will be
the Department of the Premier and Cabinet under the conditions set by the
financial assistance agreement between Griffin Coal's managers and
receivers and the state.
(2) It will be
supporting information for expenditure consistent with normal government
standards for payments, including information about expenditure and invoices.
(3) The financial assistance agreement provides for the
drawdown of funds to be undertaken in multiple actions , but it does not
require this. Supporting information would be required for each drawdown as per
part (2).
(4) The financial assistance
agreement explicitly excludes payments to secured creditors of Griffin Coal.
Explore WA Government Data
Search the full archive in the free dashboard, or query programmatically via API.
Explore more
Government Gazette
Appointments, regulatory notices, planning changes.
Hansard
Debates, questions, speeches and sentiment.
Tabled Papers
Reports and documents tabled in Parliament.
Committees
Committee profiles and recent reports.
Regulations
Subsidiary legislation with filters and summaries.
Bills
Proposed laws and parliamentary progress.
Acts
Current WA legislation and summaries.
Explanatory Memoranda
Bills with EMs (text/PDF) available.
Members
MP profiles, party breakdown and rankings.
Pollie Rankings
Data-driven rankings across 19 categories.
Amendment Chains
Track how schemes and regulations evolve over time.