28Dealings with certain property that is held by sporting venues authority subject to a condition

#### 28 Dealings with certain property that is held by sporting venues authority subject to a condition 28 Dealings with certain property that is held by sporting venues authority subject to a condition > > (1) If property is held by a sporting venues authority subject to a condition to which the authority has agreed under section 27, the authority is not to dispose of or otherwise deal with any of the property except in accordance with the condition or in accordance with subsection (2). > > > (2) If the authority resolves that any property held by the authority subject to such a condition is no longer required for the purposes of the authority or can no longer be used for those purposes, the authority may, despite that condition— > > > > > (a) sell the property and retain the proceeds of sale as property of the authority, or > > > > > (b) exchange the property for other property that is capable of being used for the purposes of the authority, or > > > > > (c) give the property to an institution that engages in activities of a sporting, recreational, educational or cultural nature, or > > > > > (d) if the authority is of the opinion that the property is of no commercial value—dispose of or otherwise deal with the property without valuable consideration. > > > (3) Venues NSW is not to sell, exchange, give, dispose of or otherwise deal with property under this section except with the consent of the Minister and in accordance with any condition that the Minister may impose on the grant of that consent. > > > (4) The Minister may consent to the sale, exchange, gift or disposal of, or to any other dealing with, property for the purposes of this section and may impose any condition that the Minister thinks fit on the grant of that consent. > > **s 28:** Am 2020 No 29, Sch 1\[12\].