111CPowers of project authority to deal in land with specified entities after designation of project area

111C Powers of project authority to deal in land with specified entities after designation of project area

(1) The project authority for an approved project may, by agreement—

(a) acquire land from a specified entity for the purposes of the approved project or any purpose connected with the approved project; and

(b) transfer land to a specified entity—

(i) for the purposes of the approved project or any purpose connected with the approved project; or

(ii) if the land is no longer required for the purposes of the approved project.

Land no longer required for the purposes of an approved project may also be dealt with under Subdivision 4 of Division 7.

(2) An acquisition or transfer of land under this section may be for nominal consideration.

(3) Land may be acquired or transferred under this section whether the land is in or outside the project area.

(4) 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. 111D inserted by No. 43/2021 s. 143.