Senate debates

Wednesday, 18 October 2017

Bills

Regional Investment Corporation Bill 2017; In Committee

10:12 am

Photo of Anne RustonAnne Ruston (SA, Liberal Party, Assistant Minister for Agriculture and Water Resources) Share this | Hansard source

Senator Rice, obviously, unfortunately, I can't ask you a question, but I wonder why we seem to think that the governance arrangements, the scrutiny, the oversight, the notification processes and everything that sits around the Clean Energy Finance Corporation are at an appropriate level to enable that operation to work—and consider the kind of money that's associated with the Clean Energy Finance Corporation—yet for some reason you have a concern that exactly the same operational requirements for this particular organisation are somewhat lacking. Obviously, as I said, I can't ask you a question, but I draw to the attention of the house that they are exactly the same operating requirements. The operating mandate of the CEFC is not a disallowable instrument. I just draw the parliament's attention to that.

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