Wednesday, 6 February 2013
Water Amendment (Water for the Environment Special Account) Bill 2012; In Committee
It does answer the first two questions, Senator Farrell, and I am pleased you have spoken to the advisers and that we have got somewhere in this. You have indicated it is your understanding that under this legislation the government cannot undertake general buybacks. What assurances can the government then give as to the power that it has under this legislation to undertake buybacks, exactly how those buybacks will be undertaken and, in particular, what the relationship is to infrastructure programs?