Lake Macquarie Smelter Site (Perpetual Care of Land) Act 2019
9Development of land
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9 Development of land
9 Development of land
(1) This section does not apply to contaminated land.
(2) The owner of land that is part of the former smelter site—
(a) is to facilitate the development of the land, and
(b) if the owner is not a development corporation, has and may exercise development corporation functions in relation to the land, and
(c) even if the owner is a development corporation, does not require an approval under section 11 of the Growth Centres (Development Corporations) Act 1974 to exercise any development corporation function in relation to the land.
(3) An owner of land that is part of the former smelter site may enter into an agreement with a person to sell the land to that person without first making the land available for public sale if the person—
(a) had, immediately before the notification day, a contract to purchase land forming part of the former smelter site, or
(b) had, before the notification day, engaged in negotiations to purchase land forming part of the former smelter site with the owner of the land.
(4) In this section—
development corporation functions, in relation to land, means the functions that a development corporation has under the Growth Centres (Development Corporations) Act 1974 in relation to land forming part of the growth centre in respect of which the development corporation is constituted.