Long Title |
The purpose of the Bill is to amend the provision in the State Trading Concerns Act 1916 which prohibits governments from entering into any business beyond the usual functions of State Government unless expressly authorised by Parliament. While retaining the provision, clause 5 of the Bill will enable the Treasurer to authorise, by regulation, individual departments or sub-departments to carry on an activity involving the provision of goods, information or intellectual property; scientific, technical or education, training, management or advisory services; and advertising opportunities, which would included sponsorships. This clause also provides for the Minister to set a fee or charge for the services and to delegate that power to the chief executive officer of the agency. |