Page 1790 - Week 05 - Thursday, 11 May 2017

(2) The entity may acquire the land if—

(a) the entity submits a business case for the acquisition to the Treasury; and

(b) the Executive approves the acquisition.

Schedule 1, part 1.1

Amendment 1.1

Section 7 (2), note, proposed new dot point

Page 35, line 8—

insert

the suburban land agency (see City Renewal Authority and Suburban Land Agency Act 2017, s 41A)

Dictionary, definition of statement of expectations

Page 41, line 9

omit the definition, substitute

statement of expectations—

(a) for part 2 (City renewal authority)—see section 16 (1); and

(b) for part 3 (Suburban land agency)—see section 43A (1).

Dictionary, definition of statement of operational intent

Page 41, line 11—

omit the definition, substitute

statement of operational intent—

(a) for part 2 (City renewal authority)—see section 17 (1); and

(b) for part 3 (Suburban land agency)—see section 43B (1).

Schedule 5

Amendments moved by Ms Le Couteur

Proposed new clause 12A

Page 8, line 3—

insert

12A Land acquisition report of authority

(1) The authority must, not later than 10 working days after the end of a quarter, give the Minister a report that includes—

(a) details of any land acquired by the authority during the quarter; and

(b) a copy of all valuations of the acquired land that the authority considered in relation to the acquisition; and