Chapter 4:  Legislative and policy frameworks and practices

Recommendation 9:

The Victorian Government continue to work with the Commonwealth Government on the need to reform section 51AD of the Income Tax Assessment Act 1936 to protect the taxpayers' interest in a way which facilitates projects while protecting the public interest.

 

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Recommendation 10:

The Partnerships Victoria policy and guidelines be updated to reflect recent experiences with public private partnership/private finance initiative projects in Australia, particularly in relation to the public sector comparator, valuing risk, and the discount rate.

 

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