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Annual Report of the Treasury for the Year Ended 30 June 2016

Statement of Contingent Liabilities and Contingent Assets

Unquantifiable contingent liabilities

The Department has unquantifiable contingent liabilities for carpark licences and a Deed of Lease against certain damages or loss caused by our use of those carparks and premises.

The Treasury also granted indemnities to Research in Motion Limited and Reuters services contract in respect of breaches of licence agreements and contracts.

Quantifiable contingent liabilities and assets

As at 30 June 2016, the Department had no quantifiable departmental contingent assets or liabilities (30 June 2015: Nil).

The accompanying accounting policies and notes form part of these Financial Statements.

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