Australian Capital Territory

LAND (PLANNING AND ENVIRONMENT) CRITERIA FOR DIRECT LEASE GRANTS (COMMERICAL, INDUSTRIAL, RESIDENTIAL AND TOURISM) DETERMINATION 2003*

Disallowable instrument DI2003-220

made under the

Land (Planning and Environment) Act 1991 section 161(7)

The ACT Executive REVOKES instrument No 228 of 1997 and DETERMINES criteria for the direct grant of a Crown lease for any or all of COMMERCIAL, INDUSTRIAL, RESIDENTIAL and TOURISM purposes. The Criteria are: 
•	the Planning and Land Authority must be satisfied it is in the public interest to grant the lease. 
•	the applicant must complete and sign a preliminary application giving details of: 
-	the development proposal:
-	the proposed lessee;
-	form of tenancy, stating shares if relevant;
-	address for service of notices; and
-	proof of full company particulars (if applicable).
If negotiations are progressed, the applicant must:
•	provide full details of the proposed development; 
•	demonstrate the financial capacity to manage the land; 
•	demonstrate the non-financial capacity to develop and manage the land, including details of expertise, resources and experience to undertake the development; 
•	demonstrate the long-term economic viability of the proposal;
•	demonstrate that the grant of the lease will:
-	benefit the economy in the Territory or region; 
-	contribute to the environmental, social or cultural features in the Territory or region;
-	introduce new skills, technology or services into the Territory or 
-	contribute to the export earnings and import replacement of the Territory or the region.
•	provide a Bank Undertaking required by the Planning and Land Authority. 
•	pay the agreed value of the lease as either a capital sum or land rent. 
•	pay the fees and charges notified as being applicable. 
•	have the support of the relevant Government agency/agencies. 

Mr Wood	Mr Corbell	
Minister for Urban Services	Minister for Planning	
8 July 2003	8 July 2003