Trust must prepare statement of reasons
(1) The Trust must prepare a written statement (a statement of reasons ) that sets out how a proposed lease or licence over Trust land for a period that is longer than 25 years, and not longer than 35 years, is consistent with:
(a) the objects of the Trust set out in section 6; and
(b) plans approved under Part 5.
Consultation with community advisory committee
(2) The Trust must:
(a) give a draft statement of reasons to any community advisory committee established under Part 8 whose functions relate to the Trust land that is the subject of the proposed lease or licence; and
(b) ensure the draft statement of reasons is accompanied by an outline of the following details:
(i) the proposed lessee or licensee, and the land the subject of the proposed lease or licence;
(ii) the period of the proposed lease or licence;
(iii) the uses of the land permitted by the proposed lease or licence; and
(c) invite the committee to provide comments on the draft statement of reasons within a 28 - day period.
Public consultation
(3) The Trust must:
(a) make a draft statement of reasons publicly available for a period of at least 28 days; and
(b) ensure the draft statement of reasons is accompanied by an outline of the following details:
(i) the proposed lessee or licensee, and the land the subject of the proposed lease or licence;
(ii) the period of the proposed lease or licence;
(iii) the uses of the land permitted by the proposed lease or licence; and
(c) invite the public to provide comments on the draft statement of reasons within a 28 - day period.
(4) For the purposes of subsection (3), making a draft statement of reasons publicly available includes publishing it on the Trust's website or the Department's website.
Final statement of reasons
(5) In finalising the statement of reasons, the Trust must:
(a) consider any comments provided:
(i) by the community advisory committee under subsection (2); or
(ii) during public consultation under subsection (3); and
(b) include any comments provided by the community advisory committee under subsection (2); and
(c) include an outline of:
(i) the consultation undertaken; and
(ii) any comments provided during public consultation under subsection (3).
(6) The Trust must give the statement of reasons to the Minister when seeking the Minister's approval under section 64D for the lease or licence to which the statement of reasons relates.
Statement of reasons is not a legislative instrument
(7) A statement of reasons is not a legislative instrument.