}
1
3
6.
In view of the interest in the Government's
monitoring arrangements shown in this Council, and indeed
by members of the public, it is appropriate that I should
make this statement indicating the findings of the
consultants. But, I must add that the report is
detailed. In describing its contents, it is inevitable
that I cannot cover all the points made, and in these
circumstances I do recommend that the report should be
read in its entirety. I have no doubt that it will be
read avidly by my Unofficial colleagues.
7.
The consultants have concluded that the
monitoring arrangements in the past nave been suitable
given the emphasis on ensuring a reliable supply of
electricity at a cost that is comparable with or less than
the cost of electricity in other places in the region.
They have also concluded that the annual review process
has been comprehensive and has fulfilled the requirements
set forth in the Scheme of Control Agreements. To this
extent I believe that the consultants's report should give
considerable assurance to the public that the monitoring
process SO far has been proper and adequate.
8.
Nevertheless,
as I said before, it would be
foolhardy to work on the basis that there is no room for
improvement. We therefore looked to the consultants for
suggestions as to how the monitoring arrangements could be
improved in future.
19. In response