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ECONOMIC DEVELOPMENT ACT 2012 - SECT 40AB
Expiry of interim land use plan
40AB Expiry of interim land use plan
(1) An interim land use plan for a priority development area expires— (a) if
the declaration regulation for the area states an expiry date for the plan
under section 37 (3) —on the stated expiry date; or
(b) otherwise— (i) on
the day that is 1 year after the day the plan takes effect; or
(ii) if a
later day is fixed under section 40ABA —on that day.
(2) However, if a
caretaker period begins at any time before an interim land use plan would
otherwise expire under subsection (1) , the period before the plan expires is
extended by a further period equal to the length of the caretaker period plus
20 business days.
(3) For working out the length of a caretaker period for
subsection (2) , the day the caretaker period ends is taken to be a whole day.
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