21Facilitation of redevelopment of Conservatorium of Music

#### 21 Facilitation of redevelopment of Conservatorium of Music 21 Facilitation of redevelopment of Conservatorium of Music > > (1) Nothing in this Act prohibits or restricts— > > > > > (a) the carrying out, on any land for the time being included in Part 5 of Schedule 2, of development (within the meaning of the [Environmental Planning and Assessment Act 1979](/view/html/inforce/current/act-1979-203)) that may be carried out on that land in accordance with that Act with or without development consent, or > > > > > (b) the granting by the Trust of a lease, easement or licence of any of that land for any term, or any other approval, to allow any such development to be carried out, or > > > > > (c) the sale or other disposal by the Trust, or the acquisition from the Trust, of any part of that land that is not included in Part 1 or 2 of that Schedule by a proclamation under section 19. > > > (2) While land is included in Part 5 of Schedule 2, it vests in the Trust for an estate in fee simple freed and discharged from any trusts, obligations, estates, interests, charges and rates that existed in respect of the land before 1 July 1980 (the date of commencement of this Act). > > > (3) Subsection (2) does not affect any estate or interest in land created by section 12B of the [Government Railways Act 1912](/view/pdf/asmade/act-1912-30). > > **s 21:** Rep 1996 No 20, Sch 2 \[4\]. Ins 1997 No 131, Sch 1 \[4\].