New South Wales Consolidated Acts

GROWTH CENTRES (DEVELOPMENT CORPORATIONS) ACT 1974 - SECT 5

5 Amendment of Schedule 1 (Growth centres and development corporations)

(1) The Governor may, by order published on the NSW legislation website--

(a) constitute a development corporation by inserting the name of a development corporation into column 1 of Schedule 1 and inserting the nature of governance of the development corporation (either "Board" or "Chief executive") into column 3 of Schedule 1, or

(b) dissolve a development corporation by omitting the matter relating to the development corporation from Schedule 1, or

(c) change the name of a development corporation by amending the name of the development corporation in column 1 of Schedule 1, or

(d) establish a growth centre by inserting a description of land in column 2 of Schedule 1, or

(e) abolish a growth centre by omitting the description of land of the growth centre from column 2 of Schedule 1, or

(f) alter a growth centre by amending the description of land of the growth centre in column 2 of Schedule 1, or

(g) change the nature of governance of a development corporation--

(i) from board governed to chief executive governed by omitting the word "Board" from column 3 of Schedule 1 and inserting instead the words "Chief executive", or

(ii) from chief executive governed to board governed by omitting the words "Chief executive" from column 3 of Schedule 1 and inserting instead the word "Board", or

(h) amalgamate 2 or more development corporations by omitting all the matter relating to the development corporations to be amalgamated from Schedule 1 and inserting instead--

(i) in column 1 of that Schedule, the name of the amalgamated development corporation, and

(ii) in column 2 of that Schedule, a description of the growth centre in respect of which the amalgamated development corporation is constituted, and

(iii) in column 3 of that Schedule, the nature of governance of the amalgamated development corporation (either "Board" or "Chief executive").

(2) A development corporation may be constituted in respect of a growth centre within any area (including, but not limited to, an urban area or a rural area).

(3) Schedule 1A has effect with respect to orders made under this section.

(4) An order under this section may contain provisions, not inconsistent with the provisions of or made under Schedule 1A, of a savings and transitional nature consequent on the making of the order.

(5) The Governor may only make an order under subsection (1) (b) to dissolve a development corporation on the recommendation of the Minister.

(7) An order under this section must specify the date (being a date that is on or after the date it is published on the NSW legislation website) on which it takes effect. However, if no date is specified in the order, the order is taken to have specified the date on which it is published on the NSW legislation website as the date on which it takes effect.