Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT REGULATION 2008 (NO 2 OF 2008) - REG 101

In this part:

"business-case criteria"—the following are the business-case criteria in relation to the direct sale of a lease to a person:

        (a)     the person has the financial capacity, and relevant experience, qualifications, expertise and other resources, to develop and manage the land;

        (b)     the community has a genuine need for the proposed use of the land;

        (c)     the person has a genuine need for the land.

"business-case documentation", in relation to a proposed development by a person, means the following:

        (a)     a plan that outlines the nature and scale of the development that includes (but is not limited to) the following:

              (i)     how the land will be developed and used, including any staging requirements for the proposed development;

              (ii)     details of the proposed buildings and car parking facilities for the land;

              (iii)     details of the proposed public access to the land;

        (b)     a business plan for the land that includes (but is not limited to) the following:

              (i)     the proposed strategies for the successful development and use of the land;

              (ii)         an estimate of the development costs for the land;

              (iii)     details of the goods or services to be provided from the land;

        (c)     a list of all land in the ACT in which the person has an interest or that is occupied by the person;

Note     Interest —see the Legislation Act, dictionary, part 1.

        (d)     if the person is a corporation—proof of its incorporation and a copy of its constitution or rules.