South Australian Current Acts South Australian Current Acts (1) The functions of
the URA are as follows:
(a) to
initiate, undertake, support and promote residential, commercial and
industrial development in the public interest, particularly for urban renewal
purposes, including by—
(i)
acquiring, assembling and using land and other assets in
strategic locations, including in areas identified for urban renewal; and
(ii)
promoting community understanding of, and support for,
urban renewal by working with government agencies, local government, community
groups and organisations involved in development, in the development or
redevelopment of land; and
(iii)
undertaking preliminary works (including remediation of
land) to prepare land for development and other functions such as planning and
co-ordination for the purposes of such development;
(b) to
encourage, facilitate and support public and private sector investment and
participation in the development of the State, including by performing its
functions to facilitate development that is attractive to potential investors;
(c) to
acquire, hold, manage, lease and dispose of land, improvements and property,
including land and housing formerly held under the
South Australian Housing Trust Act 1995 transferred to the URA,
particularly with a view to—
(i)
reducing social disadvantage within the community through
urban renewal, including the renewal of public housing by promoting,
facilitating or undertaking—
(A) the creation of a mixture of public and
private housing in particular locations; and
(B) an increase in the supply of affordable
housing and community housing; and
(ii)
managing projects involving the development of land and
housing, including for urban renewal purposes (on its own behalf or on behalf
of other agencies or instrumentalities of the Crown); and
(iii)
managing the orderly development of areas through the
management and release of land, including areas of undeveloped or under
developed land, as appropriate; and
(iv)
holding land and other property to be made available, as
appropriate, for commercial, industrial, residential or other purposes;
(d) to
act as a landlord in relation to public housing and for this purpose the
functions of the URA include the functions that are the same as the functions
of SAHT in Part 2 Division 1 of the South Australian Housing Trust
Act 1995 (but nothing in this paragraph prevents the URA from delegating
any such function to SAHT);
(e) to
carry out the functions formerly carried out by the Land Management
Corporation established under the (revoked) Public Corporations (Land
Management Corporation) Regulations 1997 ;
(f) to
support the undertaking of development that is consistent with achieving its
other functions and the outcomes that apply under this section, including by
participating in the scheme established by section 122 of the
Planning, Development and Infrastructure Act 2016 (to the extent
prescribed by regulations under that section);
(g) to
carry out other functions conferred on the URA by the Minister.
(2) The URA must, in
carrying out functions related to urban renewal, take into account relevant
existing or proposed development by private sector bodies and consider
involving such bodies in urban renewal projects the URA proposes to undertake.
(3) Despite
section 21(2), the URA may carry out its functions alone, or in a trust
scheme, partnership, joint venture, or any other scheme or arrangement for the
sharing of profits established in accordance with this Act.