Department of the Legislative Assembly, Northern Territory Government
Department of the Legislative Assembly, Northern Territory Government

https://parliament.nt.gov.au
PRINT
Business
Home About Parliament Business
Parliamentary Record (Hansard) and Minutes of Proceedings with Advance Search
Meeting Documents
Tabled Papers
Standing and Sessional Orders
Northern Territory Legislation
Petitions and Responses
Written Questions
Summary of Meetings
Condolence Motions
Members Committees The Department

Sol Hotel (Australia) Pty Ltd’s acquisition of Sheraton Hotels

WRITTEN QUESTIONS
8th Assembly



28/10/1997

2. Sol Hotel (Australia) Pty Ltd’s acquisition of Sheraton Hotels

Mr. BAILEY to for TREASURER


Hide details for QUESTIONQUESTION
    1. Did the Ludvik Berger-controlled company, Sol Hotels (Australia) Pty Limited, acquire the two Sheraton Hotels by buying shares in the Northern Territory Government-owned company, Darwin International Hotels.

    2. What was the value of the total accumulated tax losses of Darwin International Hotels at the time of sale to Sol Hotels (Australia) Pty Limited.
3. Was the net value of tax losses to Ludvik Berger as a tax deduction greater than the $22.2 million purchase price for the two hotels.

Hide details for ANSWERANSWER

Answered on 28/04/98

1, 2 and 3 - The parts of this question are closely related and I have dealt with them together. I am not in a position to answer the Question, as it requires knowledge of the commercially confidential circumstances of a private company whose financial records are not publicly available.
Last updated: 04 Aug 2016
￴