Waste Assets Management Corporation Act 2010
3IRequirement to report about acquisitions and disposal of land
Start here
Get a plain-English read of 3I
Turn the raw legal text into a practical explanation grounded in Waste Assets Management Corporation Act 2010.
3I Requirement to report about acquisitions and disposal of land
3I Requirement to report about acquisitions and disposal of land
(1) The WAMC must, within 2 months after the end of each reporting period, give the Minister a report about the following—
(a) land acquired, or disposed of, by the WAMC in the reporting period, including land bought, sold, exchanged or otherwise transferred to or from the WAMC,
(b) if the WAMC disposed of land to a person other than the State, a government agency or a council within the reporting period—the reason for the decision to dispose of the land to that person.
(2) The Minister must, within 5 sitting days after being given a report under subsection (1), provide the report to the Presiding Officer of each House of Parliament.
(3) A report provided to the Presiding Officer of a House of Parliament under subsection (2) must be laid before that House within 5 sitting days of that House after it is received by the Presiding Officer.
(4) In this section—
reporting period means the following periods—
(a) the period starting on 1 January in a year and ending on 30 June in that year,
(b) the period starting on 1 July in a year and ending on 31 December in that year.
s 3I: Ins 2023 No 38, Sch 1[3].