16Tourism developments

16 Tourism developments

(1)  The Ministerial Corporation may identify a potential site for the development of any tourism venture in any area that is in close proximity to the railway.

(2)  The Ministerial Corporation may acquire under the Land Acquisition Act 1993 land identified as a potential site under subsection (1) as if it were an acquiring authority under that Act if the land is –

(a) more than 1 hectare in area; and

(b) owned by the Crown or by a Government Business Enterprise as defined in the Government Business Enterprises Act 1995 .

(3)  The Ministerial Corporation may lease for periods up to 99 years or sell the land acquired –

(a) if the owner is the Crown, after consultation with the Minister administering the Crown Lands Act 1976 ; or

(b) [Section 16 Subsection (3) amended by No. 50 of 2013, Sched. 1, Applied:11 Dec 2013] if the owner is the Forestry corporation, after consultation with the Minister administering the Forest Management Act 2013 .