What it does
The Land Information Authority Act 2006 (WA) establishes the Western Australian Land Information Authority as a statutory body corporate with perpetual succession (s 5). The Authority functions as an agent of the State with the status, immunities and privileges of the State, except as specifically provided in s 72 (s 6). It is also designated as an SES organisation under the Public Sector Management Act 1994 (s 7). The Act sets out a dual-objective framework for the Authority: first, to act as a body through which the State performs certain land information functions on a non-profit basis; second, to generate a fair commercial return from providing goods and services on a basis that may involve profit (s 8). The Authority’s main responsibilities include providing, administering and providing access to information in land information systems as required by State law, and such systems may include notifications of interests determined by the Minister and prescribed by regulation (s 9(1)-(3)). The Authority may also provide and administer additional land information systems beyond those required by law (s 9(4)). It must provide staff, systems, resources and support for functions that any other Act gives to a member of the Authority’s staff (s 9(6)). The Authority may also provide goods and services under arrangement with other persons keeping land information, and may provide related goods and services (s 9(7)). At the Minister’s request or as it considers appropriate, the Authority must develop policy, advise the Minister or public bodies on land information matters, and represent the State in relevant bodies (s 9(8)). The Act imposes guiding principles: the Authority must act in a cost-effective manner and on prudent commercial principles; it must support sustainable economic, social and environmental management of the State; and it must have regard to the integrity of registers, State government land information needs, and the requirements of participants in the land information industry (s 10). The Authority must perform its functions in accordance with its strategic development plan and statement of corporate intent as existing from time to time (s 11). Its general powers are broad, including the power to acquire and dispose of property, enter contracts, act as agent, participate in business concerns (with Ministerial and Treasurer approval), carry out investigations, collaborate on research, produce equipment, use information, develop intellectual property, and promote its goods and services (s 12). The Authority may also make charitable gifts, ex gratia payments, and accept gifts (s 12(4)). However, it requires Ministerial approval before entering into a transaction where its liability exceeds $5 million (or a greater amount prescribed by regulation on the Treasurer’s recommendation) (s 13). The Minister, with Treasurer concurrence, may exempt transactions or classes from that approval requirement and must table such orders in Parliament (s 14). Certain transactions under investment, hedging and borrowing provisions are excluded from the definition of “transaction” in ss 13 and 14 (s 15).