16Suspension of covenants, agreements and instruments

16 Suspension of covenants, agreements and instruments

16 Suspension of covenants, agreements and instruments

(1) For the purpose of enabling development on land within the Tomago Industrial site to be carried out in accordance with Chapter 2 or with a consent granted under the Act, any agreement, covenant or other similar instrument that restricts the carrying out of that development does not apply to the extent necessary to serve that purpose.

(2) Nothing in subsection (1) affects the rights or interests of any public authority under any registered instrument.

(3) Pursuant to section 28 of the Act, before the making of this section, the Governor approved of subsections (1) and (2).