❓ A WA parliamentary question seeks information on the accessibility of Gold Corporation board minutes to the government and public. The answer asserts board confidentiality and adherence to governance practices.
AnsweredQoN 234Legislative Council
QuestionView source ↗
GOLD
CORPORATION — BOARD MINUTES
234. Hon Dr STEVE THOMAS to the parliamentary secretary
representing the Minister for Mines and Petroleum:
I refer to the Gold Corporation board, appointed to oversee
the operations of the Perth Mint, and to question without notice 207 asked
yesterday.
(1) On how
many occasions since March 2017 have Gold Corporation or Perth Mint board
minutes been submitted to any part of government for review?
(2) On what dates were they submitted?
(3) Has any
part of the McGowan government, including ministers and public servants, asked
for the minutes of the board at any time since March 2017; and, if so, when?
(4) Are the minutes available to the public; and, if so,
where and how?
(5) Which
members of the government or public servants, apart from Gold Corporation staff
and board members, have had access to and read the minutes since March 2017?
CORPORATION — BOARD MINUTES
234. Hon Dr STEVE THOMAS to the parliamentary secretary
representing the Minister for Mines and Petroleum:
I refer to the Gold Corporation board, appointed to oversee
the operations of the Perth Mint, and to question without notice 207 asked
yesterday.
(1) On how
many occasions since March 2017 have Gold Corporation or Perth Mint board
minutes been submitted to any part of government for review?
(2) On what dates were they submitted?
(3) Has any
part of the McGowan government, including ministers and public servants, asked
for the minutes of the board at any time since March 2017; and, if so, when?
(4) Are the minutes available to the public; and, if so,
where and how?
(5) Which
members of the government or public servants, apart from Gold Corporation staff
and board members, have had access to and read the minutes since March 2017?
AnswerView source ↗
I thank the member for some notice of the question. The
following information has been provided by the Minister for Mines and
Petroleum, which I provide on behalf of the parliamentary secretary.
The board of Gold Corporation is constituted in accordance
with section 5 of the Gold Corporation Act 1987 . The board performs its
governance oversight functions in accordance with the act and good governance
practices. Good practice for boards is for board minutes to be kept
confidential to the board. Board minutes are available to the Auditor General
and other proper authorities, as and if required. Minutes of government trading
enterprises, such as Western Power, Synergy and Horizon Power, are likewise not
shared with the minister, as this would undermine the governance oversight role
of each board. The role of the minister is to represent the shareholders. As is
the case with listed companies, board minutes are not provided to shareholders.
(1) None.
(2) Not applicable.
(3)–(5)
Board minutes are confidential except when required by law. For example, board
minutes are available to the Auditor General, as and if required.
following information has been provided by the Minister for Mines and
Petroleum, which I provide on behalf of the parliamentary secretary.
The board of Gold Corporation is constituted in accordance
with section 5 of the Gold Corporation Act 1987 . The board performs its
governance oversight functions in accordance with the act and good governance
practices. Good practice for boards is for board minutes to be kept
confidential to the board. Board minutes are available to the Auditor General
and other proper authorities, as and if required. Minutes of government trading
enterprises, such as Western Power, Synergy and Horizon Power, are likewise not
shared with the minister, as this would undermine the governance oversight role
of each board. The role of the minister is to represent the shareholders. As is
the case with listed companies, board minutes are not provided to shareholders.
(1) None.
(2) Not applicable.
(3)–(5)
Board minutes are confidential except when required by law. For example, board
minutes are available to the Auditor General, as and if required.
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