New South Wales Consolidated Acts

GROWTH CENTRES (DEVELOPMENT CORPORATIONS) ACT 1974 - SECT 18

18 Development corporation may enter into contracts

(1) A development corporation may make and enter into contracts with any person for the carrying out of works or the performance of services or the supply of goods or materials in connection with the exercise or discharge by the development corporation of its responsibilities, powers, authorities, duties and functions.

(2) A contract under subsection (1) may provide for--

(a) the whole or part of any works to be undertaken by the development corporation,

(b) the whole or any part of the cost of any works to be paid by the development corporation,

(c) a loan to be made by the development corporation to meet the whole or any part of the cost of any works, or

(d) the development corporation to pay the costs of providing any services during a specified period.

(3) A development corporation may enter into a contract with any person for the construction on land vested in the development corporation or that person, or in the development corporation and that person, or on any other land with the consent of the owner of that land, of buildings suitable for occupation, or works, for the purposes of the growth centre in respect of which the development corporation is constituted, and the sale, lease or exchange of any such land together with the buildings or works thereon.

(4) A contract under this section shall be deemed for the purposes of the Constitution Act 1902 to be a contract for or on account of the Public Service of New South Wales.