29Transfer of land or management of land of other public authorities

29 Transfer of land or management of land of other public authorities

29 Transfer of land or management of land of other public authorities

(1) If the Minister for a public authority that owns land within Barangaroo agrees that the land is not being used or required for the core activities of the public authority, the public authority is to transfer:

(a) the land, or

(b) the management of the land,

to Infrastructure NSW, subject to the terms and conditions agreed to between the Minister for the public authority and the Minister administering this Act.

(2) The Minister administering the Crown Land Management Act 2016 may transfer to Infrastructure NSW, subject to the terms and conditions agreed to between that Minister and the Minister administering this Act, Crown land within Barangaroo or the management of any such Crown land.

(3) Division 5.3 of the Crown Land Management Act 2016 does not apply to any such transfer of Crown land.

(4) An agreement may state whether the transfer is subject to the payment of compensation and, if compensation is to be paid, the amount of the compensation or the basis on which it is to be determined.

(5) A public authority whose land is managed by Infrastructure NSW under an agreement with the public authority may delegate its functions in respect of the land to Infrastructure NSW, despite the provisions of any other Act.

(6) In this section:

Crown land has the same meaning that it has in the Crown Land Management Act 2016, but does not include Crown managed land within the meaning of that Act.

Minister for a public authority means the Minister administering:

(a) the Act by which the public authority is constituted or established, or

(b) in the case of a subsidiary, the Act by which the subsidiary’s parent is constituted or established.

public authority means a public authority constituted by or under an Act, and includes:

(a) a Public Service agency, and

(b) a statutory body representing the Crown, a State owned corporation within the meaning of the and a subsidiary (within the meaning of that Act), and