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Annual Report 1992-1993 Northern Territory Liquor Commission



Annual Report 1992-1993 Northern Territory Liquor Commission

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Tabled Paper 1759


Tabled Papers for 6th Assembly 1990 - 1994; Tabled Papers; ParliamentNT






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Northern Territory Liquor Commission NOTES TO AND FORM ING PART OF THE FINANCIAL STATEMENTS 30 JUNE 1993 NOTE 8: OTHER The Commission is responsible for collecting and recording the liquor levy from 1 April 1992. The levy will be transferred on a quarterly basis commencing August 1992 to the "Living with Alcohol" Trust Fund administered by the Department of the Chief Minister. 1993 1992 $ $ 1 310 6 770 251 1 310 20 000 (6 756 670) 34 891 1 310 NOTE 9: OTHER REVENUE The Commission collects revenue in the form of liquor licence fees on an agency basis for the NT Government. These monies are directly paid into the Consolidated Fund of the Northern Territory and hence excluded from the Commission's financial statements. The total amount received is: 7 388 318 9 745 627 The Commission is currently in dispute with licensees about the timing of the payment of licence fees. This may result in the NT Government being required to refund some fees. NT Treasury has been advised in this regard. NOTE 10: COMMITMENTS FOR EXPENDITURE Capital expenditure contracted for at 30 June 1993 but not provided for in the Financial Statement. Payable not later than one year: 290 000 50 000 - opening balance 1/7/92 - levy received - levy held for refund purposes - Refunds made to licensees - Transferred to Dept of Chief Minister Annual Report 1993 Page 32

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