55Authority may enter into certain agreements for land within or anticipated to be within a project area

55 Authority may enter into certain agreements for land within or anticipated to be within a project area

(1) Without limiting Division 2, the Authority alone or jointly with any other person may enter into an agreement with another person concerning the use or development of any land—

(a) within a project area; or

(b) that is anticipated to be within a project area.

(2) Division 2 of Part 9 of the Planning and Environment Act 1987 applies to an agreement under subsection (1) as if—

(a) that agreement were an agreement under that Division; and

(b) that Division referred to the Authority instead of the responsible authority for the planning scheme; and

(c) section 174(2)(c) were omitted.