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Wednesday, 31 May 1972
Page: 3403


Mr Keating (BLAXLAND, NEW SOUTH WALES) asked the Minister for Supply, upon notice:

(1)   What is the location and value of (a) real estate and (b) plant and equipment leased from the Commonwealth by (i) Hawker de Havilland Australia Pty Ltd and (ii) Commonwealth Aircraft Corporation Pty Ltd.

(2)   What is the consideration involved for the leases.


Mr Garland - The answer to the honourable member's question is as follows:

 

 

(b)   Plant and Equipment -

The Commonwealth plant and equipment issued to the companies is made available free of charge for use on Commonwealth 'cost reimbursement' contracts. When the plant is used by the companies for other work, rental is charged at an hourly rate based on15 per cent of the installed book value of the plant concerned.







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