Development Victoria Act 2003
10Non-commercial functions
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10 Non-commercial functions
(1) Despite section 7(2), the Minister, with the approval of the Treasurer, may direct the board—
S. 10(1)(a) amended by No. 10/2017 s. 24(1).
(a) to perform certain functions that the Minister considers to be in the public interest but may cause Development Victoria to suffer financial detriment; or
(b) to cease to perform functions of a kind referred to in paragraph (a); or
(c) to cease to perform certain functions that the Minister considers not to be in the public interest.
(2) The board must comply with a direction given under subsection (1).
(3) The reference in this section to suffering financial detriment includes a reference to incurring net costs that are greater than would have been incurred if the direction were not complied with.