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Monday, 20 August 2001
Page: 26142


Senator MURPHY (6:00 PM) —Following on from what Senator Schacht asked, article 6 of the bill, `Financing', says:

The financing of joint activity conducted pursuant to this Agreement within government policy in the field of exploration and use of outer space shall be done by the Parties in accordance with the norms and rules in force in their States ...

It then says:

The Competent Agencies, and departments, agencies and organisations referred to in Article 3.2 of this Agreement shall be responsible for funding those works and types of activities within the framework of this Agreement that were assigned to each of them by mutual agreement between the Parties ...

With regard to the $68.6 million, which I understand is allocated, in essence, for the runway upgrade, the port development and the road, what agreement exists between the joint parties with respect to the other amount of money? You just mentioned some research facilities. If it is the case that some $32 million or $34 million is going to be used for those things, who in the end will own those properties?