Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT REGULATION 2008 (NO 2 OF 2008) - REG 111

    (1)     The criteria for the direct sale of a lease of land in the City West precinct to the Australian National University are—

        (a)     a development deed for the land has been entered into between the university and the land agency; and

        (b)     the university has given the planning and land authority a development proposal for the land; and

        (c)     the planning and land authority is satisfied that the university has the financial capacity, and relevant experience, qualifications, expertise and other resources, to develop and manage the land.

    (2)     In this section:

"development deed"—see the City West precinct deed, clause 1.1.

"development proposal"—see the City West precinct deed, clause 1.1.

Note     For the expiry of this section and related provisions, see s 401.