The NSW Supreme Court has granted Penrith City Council access to Penrith Business Alliance (PBA) financial documents.
Council released a statement on May 5 saying the court had ordered the PBA give it access to documents “evidencing how monies paid by council to the PBA in the period July 1, 2014 to June 30, 2015 were paid out or used by the PBA.”
The PBA must provide a list of documents outlining the above by July 21, and allow council to inspect and make copies of documents referred to in the list by July 28. The court ordered each party meet its own costs, and the summons brought by council was otherwise dismissed.
The Gazette has approached PBA chairman Paul Brennan for comment, however had not received a response at the time of going to press.
Council stated it instigated legal proceedings “following a number of unsuccessful requests to access financial documents” in the Supreme Court on April 7.
The PBA was created in 2009 to deliver citywide economic outcomes, funded by council with public money totalling $3.5Million. Funding was withdrawn in June 2015 following an independent review, council stated.