Annual Report 2004-2005 - City of Vincent

C OMPETITION P RINCIPLES A GREEMENT
Competition Principles Agreement
The Competition Principles Agreement (CPA) is a contractual agreement between the federal government and all state and territory
governments. Local government is committed to the CPA through the state governments’ involvement. The focus of the CPA is to ensure that
all public enterprises operate in a transparent manner in the best public interest. This requires that public enterprises review their operations
to ensure that they do not have a competitive advantage or disadvantage resulting from their status as public enterprises.
To ensure compliance with the CPA, local governments are required to include in their annual reports certain particulars in relation to CPA.
The Town of Vincent supports the concept of the CPA and in this regard the following particulars are reported.
Competitive Neutrality
This principle deals with ensuring that government business operations do not have any advantage or disadvantage in comparison with the
private sector. At present no activities undertaken by the Town have been classified as either a Public Trading Enterprise (PTE) or a Public
Financial Enterprise (PFE) by the Australian Bureau of Statistics.
During the reporting period the Town has not received any allegations of non-compliance with the principles of Competitive Neutrality.
Structural Reform of Public Monopolies
The Town does not operate any Public Monopolies within the CPA definition and accordingly there is no reporting requirement. The Town did
not privatise any activities during 2004-2005.
Legislation Review
Within the principles of the CPA is a requirement for local governments to review all existing legislation to ensure that the legislation does
not restrict competition, or if restrictive legislation is in place, it is in the best interests of the community.
Local Laws
During the year the Town continued the process of reviewing all Local Laws. The Local Government Act 1995 requires all existing Local
Laws to be reviewed every eight years. As part of this process the intention to review Local Laws is advertised in the press as required by
the Local Government Act, thus giving residents and ratepayers the opportunity to comment on any proposed changes, additions or deletions
to the Town’s Local Laws.
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TOWN OF VINCENT _ A NNUAL R EPORT 2004-2005