Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT AMENDMENT REGULATION 2008 (NO 1) (NO 8 OF 2008) - REG 10

insert

Division 5.1.4     Certain direct sales not requiring approval

Note     For other direct sales not requiring approval, see the Act, s 240 (1) (cb) to (e).

130     Certain direct sales not requiring approval—Act, s 240 (1) (ca)

    (1)     The direct sale of the following leases is prescribed:

        (a)     a lease offered at auction but not sold;

        (b)     a lease offered at ballot but not sold;

        (c)     a lease sold at ballot but the contract of sale is rescinded or otherwise ended before the lease is granted under the contract;

        (d)     a lease of allocated land to the housing commissioner;

Note     Allocated land —see s 100.

        (e)     a lease to Community Housing Canberra Limited, ACN 081 354 752;

        (f)     a lease of land to the Territory if the land is used or occupied by the Territory.

    (2)     In this section:

"auction", in relation to a lease, means an auction of the lease under the Act, section 238 (1) (a).

"ballot", in relation to a lease, means a ballot of the lease under the Act, section 238 (1) (c).