Victorian Bills Explanatory Memoranda

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REGIONAL INFRASTRUCTURE DEVELOPMENT FUND (AMENDMENT) BILL 2003

   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

 


 

 


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