❓ The WA Opposition is questioning the State Development Minister regarding a $7.3 million drawdown from a Griffin Coal grant, seeking details on its expenditure, justification, approval, and conditions. The Minister's response outlines the funding's purpose and conditions.
AnsweredQoN 362Legislative Council
QuestionView source ↗
GRIFFIN COAL
362. Hon Dr STEVE THOMAS to the minister representing the
Minister for State Development, Jobs and Trade:
I refer to the answer to question
without notice 361 asked yesterday, 28 March 2023.
(1) What specific
expenditure was the $7.3 million drawn down from the Griffin grant by the
receivers and managers of Griffin on 7 March 2023 attributed to?
(2) Please provide a breakdown of
all $7.3 million of that expenditure.
(3) What
justification did the receivers and managers provide to the government to
demonstrate the need for the drawdown? Please provide the documentation
identifying it.
(4) Please table the government's
approval documents for the drawdown.
(5) What conditions did the
government place on the use of the drawdown component of the grant?
362. Hon Dr STEVE THOMAS to the minister representing the
Minister for State Development, Jobs and Trade:
I refer to the answer to question
without notice 361 asked yesterday, 28 March 2023.
(1) What specific
expenditure was the $7.3 million drawn down from the Griffin grant by the
receivers and managers of Griffin on 7 March 2023 attributed to?
(2) Please provide a breakdown of
all $7.3 million of that expenditure.
(3) What
justification did the receivers and managers provide to the government to
demonstrate the need for the drawdown? Please provide the documentation
identifying it.
(4) Please table the government's
approval documents for the drawdown.
(5) What conditions did the
government place on the use of the drawdown component of the grant?
AnswerView source ↗
I thank the Leader of the Opposition
for some notice of the question.
(1)–(5) The funding has been provided for the repair of a broken
excavator and additional mobilisation works to be undertaken in
preparation for winter, in line with the funding assistance agreement. The
receivers and managers have provided supporting information for expenditure
consistent with normal government standards for payments, including information
about expenditure and invoices. The funding agreement includes requirements for
regular reporting, the provision of information upon request and dealing with
repayments in certain circumstances, and prevents funding being used for
certain purposes, including payment to secured creditors.
for some notice of the question.
(1)–(5) The funding has been provided for the repair of a broken
excavator and additional mobilisation works to be undertaken in
preparation for winter, in line with the funding assistance agreement. The
receivers and managers have provided supporting information for expenditure
consistent with normal government standards for payments, including information
about expenditure and invoices. The funding agreement includes requirements for
regular reporting, the provision of information upon request and dealing with
repayments in certain circumstances, and prevents funding being used for
certain purposes, including payment to secured creditors.
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