Marise Payne (NSW, Liberal Party, Minister for Foreign Affairs) Share this | Hansard source

I do understand the question. The advice that officials have provided is that that still falls within the parameters of the statement I made earlier about commercial arrangements. They would only be within the scheme's scope if they were subsidiary to a core or non-core arrangement under the legislation, and that's irrespective of whether the corporation is—to your point about control—wholly or partly state owned or privately owned. So arrangements by state, territory or locally owned corporations are not the focus of the legislation.