111BPowers of project authority and project proponent to deal in land before designation of project area

111B Powers of project authority and project proponent to deal in land before designation of project area

(1) At any time before a declared project becomes an approved project, the project authority or project proponent for the declared project may—

(a) acquire land by agreement for the purposes of the declared project or any purpose connected with the declared project; and

(b) hold land for the purposes of the declared project or any purpose connected with the declared project; and

(c) transfer or otherwise dispose of land.

(2) An acquisition of land from, or a transfer of land to, a specified entity under this section may be for nominal consideration.

(3) A right in the nature of an easement or purporting to be an easement may be transferred under this section only if there is some other land of the transferee that is capable of being benefitted by that right.

Section 171A permits the transfer of certain easements in gross in certain circumstances.

S. 111C inserted by No. 43/2021 s. 143.