Australian Capital Territory Repealed Acts

This legislation has been repealed.

PUBLIC ACCESS TO GOVERNMENT CONTRACTS ACT 2000 NO 75 - SECT 6

    (1)     Within 21 days after making a government contract, the government agency must prepare a public text of the contract in accordance with this section.

    (2)     The public text must include     all the text of the contract that is not confidential together with the following information, if it does not appear in that text:

        (a)     details identifying each party;

        (b)     details, of which the government agency is aware, of the
cross-ownership of relevant companies;

        (c)     the duration of the contract;

        (d)     any transfer of assets under the contract;

        (e)     the effect of any maintenance provisions;

        (f)     the full consideration to be given by the government agency;

        (g)     the effect of provisions dealing with renegotiation and renewal rights;

        (h)     risk allocation among the parties at the various stages of the contract;

              (i)     the effect of any penalty provisions;

        (j)     the effect of guarantees, loans or undertakings;

        (k)     any information required by law to be disclosed to the Australian Securities and Investments Commission;

        (l)     any other information needed to understand the contract.

    (3)     If a term of the contract that does not appear in the public text of the contract because it is confidential—

        (a)     ceases to be confidential in accordance with the contract; or

        (b)     otherwise becomes public knowledge;

the government party must prepare a new public text that includes the term within 21 days.