[Index] [Search] [Download] [Bill] [Help]
Regional Infrastructure Development Fund (Amendment) Bill Circulation Print EXPLANATORY MEMORANDUM General The main purpose of the Bill is to amend the Regional Infrastructure Development Fund Act 1999 ("the Act") to enable payments to be made from the Regional Infrastructure Development Fund to facilitate the extension of reticulated natural gas in regional Victoria and parts of municipal districts on the rural fringe of metropolitan Melbourne. Clause Notes Clause 1 sets out the purpose of the Bill. Clause 2 provides for the Bill to come into operation on a day to be proclaimed, but no later than 1 July 2003. Clause 3 amends the definition of regional Victoria as a consequence of the amendments to the existing Schedule. Clause 4 amends section 5 of the Act dealing with the application of the Regional Infrastructure Development Fund. · Clause 5(a) amends section 5(1)(a) of the Act to enable payments to be made from the Fund to provide financial assistance for capital works relating to natural gas extension projects in regional Victoria and the municipalities listed in Schedule 2. · Clause 5(b) inserts new section 5(1)(ab) to enable payments to be made from the Fund for financial assistance for the development and implementation of natural gas extension projects in regional Victoria and the municipalities listed in Schedule 2. 1 551059 BILL LA CIRCULATION 10/4/2003
Clause 5 renumbers and renames the existing Schedule which lists the municipalities that are defined as Regional Victoria. It also adds the Benalla Rural City Council and the Mansfield Shire Council to the list of municipalities in that Schedule and deletes the Delatite Shire Council from the list. This reflects the new municipal structure resulting from the restructuring of the Delatite Shire in 2002. Clause 6 inserts a new Schedule 2, listing the 9 urban fringe Councils that have rural areas that will be eligible for assistance from the Regional Infrastructure Development Fund for natural gas extension projects. 2