Golden Grove (Indenture Ratification) Act 1984
Div 6PUBLIC HOUSING
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DIVISION 6—PUBLIC HOUSING 6.1 The Joint Venturers shall confer with the SAHT on the planning, development, and pricing of developed land within the Development Area to the extent that such matters affect the reasonable requirements of the SAHT within the Development Area. 6.2 The Joint Venturers shall, at the earliest opportunity prior to the submission of a plan of land division to the Council, ascertain the requirements of the SAHT as regards its intended involvement (whether as purchaser of allotments or otherwise) as a provider of public housing within the area contained on such plan. 6.3 The Joint Venturers shall offer to SAHT at fair market value (being the price at which the Joint Venturers would effect the sale of residential allotments to private builders or others buying land in similarly large quantities) appropriate residential land in the Development Area sufficient to satisfy the SAHT requirements and to enable the SAHT to secure for its own purposes between twenty-five (25) and thirty (30) per cent of the total dwelling units in the Development Area. 6.4 The State shall ensure that the SAHT shall purchase from SAULT through the Joint Venturers or from subsequent owners sufficient land and/or dwellings as shall be necessary to enable the SAHT to secure or provide for a total of between twenty-five (25) and thirty (30) per cent of the total dwelling units to be built in the Development Area. 6.5 The SAHT shall develop all vacant allotments purchased by it from the Joint Venturers in accordance with methods and practices designed to comply with the Paramount Objectives, and in particular paragraph 3 of such Objectives. Such development shall be in accordance with standard requirements for development imposed by the Joint Venturers uniformly throughout any particular land division and in accordance with an encumbrance in favour of SAULT to be registered over all allotments in the Development Area.