sec.311Existing inside information

### sec.311 Existing inside information This section applies to information about any of the following ( existing inside information ) that, immediately before the commencement, was inside information, in relation to a local government, for former section 171A— the exercise of a power under the repealed Planning Act by the local government, a councillor or a local government employee; a decision, or proposed decision, under the repealed Planning Act of the local government or any of its committees; the exercise of a power under the repealed Planning Act by the State, a Minister, a statutory body or an employee of the State or statutory body, that affects the local government, any of its corporate entities or land or infrastructure within the local government’s area; any legal or financial advice about the repealed Planning Act created for the local government, any of its committees or any of its corporate entities. Former section 171A continues to apply in relation to the existing inside information as if the amending Act had not been enacted and the repealed Planning Act had not been repealed. s 311 ins 2016 No. 27 s 314 (sec.311-ssec.1) This section applies to information about any of the following ( existing inside information ) that, immediately before the commencement, was inside information, in relation to a local government, for former section 171A— the exercise of a power under the repealed Planning Act by the local government, a councillor or a local government employee; a decision, or proposed decision, under the repealed Planning Act of the local government or any of its committees; the exercise of a power under the repealed Planning Act by the State, a Minister, a statutory body or an employee of the State or statutory body, that affects the local government, any of its corporate entities or land or infrastructure within the local government’s area; any legal or financial advice about the repealed Planning Act created for the local government, any of its committees or any of its corporate entities. (sec.311-ssec.2) Former section 171A continues to apply in relation to the existing inside information as if the amending Act had not been enacted and the repealed Planning Act had not been repealed. - (a) the exercise of a power under the repealed Planning Act by the local government, a councillor or a local government employee; - (b) a decision, or proposed decision, under the repealed Planning Act of the local government or any of its committees; - (c) the exercise of a power under the repealed Planning Act by the State, a Minister, a statutory body or an employee of the State or statutory body, that affects the local government, any of its corporate entities or land or infrastructure within the local government’s area; - (d) any legal or financial advice about the repealed Planning Act created for the local government, any of its committees or any of its corporate entities.