AUSTRALIAN CAPITAL TERRITORY

LAND (PLANNING AND ENVIRONMENT) ACT 1991 

LAND (PLANNING AND ENVIRONMENT) CRITERIA FOR DIRECT LEASE GRANTS (TERRITORY BUDGET-FUNDED AUTHORITIES) DETERMINATION 2003

DISALLOWABLE INSTRUMENT DI2003 - 196

EXPLANATORY STATEMENT

This disallowable instrument is being redetermined as a result of the Planning and Land (Consequential Amendments) Act 2002 which transfers certain powers from the Minister/Executive to the Planning and Land Authority.

This disallowable instrument made under subsection 161(7) of the Land (Planning and Environment) Act 1991 establishes criteria in accordance with subsection 161(4) for the direct sale of land to the Australian Capital Territory and Territory budget-funded authorities.

The disallowable instrument provides that the applicant must:

•	complete an application for the lease;

•	demonstrate it has the financial capacity to manage and develop the land;

•	demonstrate that there is no other suitable land available which would suit it’s requirements; and

•	pay all applicable fees and charges.