Page 3690 - Week 12 - Tuesday, 27 October 2015

Proposed new part 5A

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Part 5A Electricity Feed-in (Renewable

Energy Premium) Act 2008

22A Premium rate—20 years

Section 11 (3) (a), (b) and (c)

after

affected residential premises

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or eligible impacted property

22B Section 11 (4), new definition of eligible impacted property

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eligible impacted property—see the Civil Law (Sale of Residential Property) Act 2003, section 9A (1).

Clause 28

Proposed new section 7A (4), proposed new definitions of eligible impacted property and eligible impacted property buyback program

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eligible impacted property—see the Civil Law (Sale of Residential Property) Act 2003, section 9A (1).

eligible impacted property buyback program—see the Civil Law (Sale of Residential Property) Act 2003, section 9A (1).

Clause 28

Proposed new section 7A (4), definition of former owner, proposed new paragraph (a) (iii) and (iv)

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(iii) who—

(A) owns a parcel of land on which an eligible impacted property is located; and

(B) has executed a contract to sell the parcel of land to the Territory under the eligible impacted property buyback program; or

(iv) who—

(A) owned a parcel of land on which an eligible impacted property is located; and

(B) has sold the parcel of land to the Territory under the eligible impacted property buyback program; or