Australian Capital Territory

Planning and Development (Amount payable for, and period of, further rural lease) Determination 2010 (No 1)

Disallowable Instrument DI 2010-59

made under the

Planning and Development Act 2007, section 280 (Amount payable for further rural lease) and section 281 (Period of further rural lease)

EXPLANATORY STATEMENT
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Outline

In accordance with sections 280 and 281 of the Planning and Development Act 2007, Disallowable Instrument (No 1) DI 2010 –     determines the amount payable for a further rural lease and the period of a further rural lease.

Attachment A 

Attachment A remains unchanged from the previous Disallowable Instrument.

Schedule 1

This schedule determines the current Maximum Rural Lease Term. 

As a result of an entry to the Heritage Register, part of Block 625 District of Gungahlin (now known as Block 795 District of Gungahlin), can now be leased for a maximum lease term of 99 years. 

Schedule 2 

This Schedule determines the relevant dates for paragraphs 1 and 4 of Attachment A of the Disallowable Instrument.  The dates determine whether the lessee will be required to pay market value for the land or an amount in accordance with the relevant formulae specified in the Disallowable Instrument.

The substance of the Schedule remains unchanged from the previous disallowable instrument except for the addition of Region 6.  Block 795 District of Gungahlin has been included as a result of the land being Heritage listed.  The heritage listing prevents further development of the land, therefore, allowing the lessee to apply for a 99 year lease. 

Schedule 3

This Schedule is the determination of formulae for further rural leases for a period greater than 20 years.

The Schedule remains unchanged from the previous disallowable instrument.

Schedule 4

This Schedule is a map of Pialligo indicating payout categories for blocks.

The Schedule remains unchanged from the previous disallowable instrument.

Schedule 5

This Schedule is the determination of formulae for further rural leases in Pialligo.

The Schedule remains unchanged from the previous Disallowable Instrument.

Schedule 6

This Schedule is the determination of land rent formulae for further rural leases for 20 years or less.

The Schedule remains unchanged from the previous disallowable instrument.