11General powers and duties

11 General powers and duties

S. 11(1) amended by Nos 59/2003 s. 98(1), 10/2017 s. 33(12).

(1) Development Victoria must, as far as practicable make sure that by the end of its involvement in the development of the docklands area under this Act, it has secured a prudent financial return on its overall commercial investment in the area.

S. 11(2) amended by Nos 59/2003 s. 98(2), 10/2017 s. 33(12).

(2) Development Victoria may do all the things that are necessary or convenient to be done for or incidental to achieving its objectives and performing its functions under this Act.

S. 11(3) amended by Nos 59/2003 s. 98(3), 10/2017 s. 33(9).

(3) For the purpose of achieving its objectives and performing its functions under this Act, Development Victoria also has the powers listed in Part 3, but these powers do not limit its general powers.

S. 12 repealed by No. 59/2003 s. 99.

S. 13 amended by No. 86/1998 s. 7, repealed by No. 59/2003 s. 99.

S. 14 amended by No. 46/1998 s. 7(Sch. 1), repealed by No. 59/2003 s. 99.