Note 35. Other Provisions

Provision for Make Good

The Directorate entered into lease agreements for some office space in Civic and Belconnen. There are clauses within the lease agreements which require the Directorate, upon cessation of the tenancy, to return the office space to the condition it was in before it was leased (this is referred to as ‘make good’). The tenancies run for 5 years.

 

  2013
$’000
2012
$’000
Non-Current Other Provisions    
Provision for Make Good 1,503 1,503
Total Other Provisions 1,503 1,503