NSWIn ForceAct
Western Sydney University Act 1997
24Powers of Board relating to University property
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#### 24 Powers of Board relating to University property
24 Powers of Board relating to University property
> > (1) The Board has the control and management of land and other property vested in the University.
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> > (2) The Board may, for the purposes of this Act—
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> > > (a) acquire land and other property, and
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> > > (b) agree to carry out conditions of the acquisition of the land or other property, and
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> > > (c) grant easements and covenants over land vested in the University, and
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> > > (d) subject to subsections (3) and (4), dispose of or otherwise deal with the following—
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> > > > (i) land vested in the University,
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> > > > (ii) other property of the University.
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> > (3) The Board must not sell, mortgage, charge or lease relevant land without the Minister’s approval.
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> > (4) Despite subsection (3), the Board does not require the Minister’s approval to—
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> > > (a) lease relevant land if—
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> > > > (i) the term of the lease is no more than 21 years, and
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> > > > (ii) the Board is satisfied the leasing of the land is consistent with the object and functions of the University under section 8, or
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> > > (b) lease relevant land if—
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> > > > (i) the term of the lease is no more than 99 years, and
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> > > > (ii) the leasing of the land is for the purposes of utilities infrastructure or utilities services, or
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> > > (c) enter into a planning agreement under the [Environmental Planning and Assessment Act 1979](/view/html/inforce/current/act-1979-203), section 7.4 if the agreement does not require the University to dedicate relevant land free of cost.
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> > (5) The rule of law against remoteness of vesting does not apply to a condition of the acquisition of property to which the University has agreed.
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> > (6) In this section—
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> > acquire includes acquire by purchase, gift, grant, bequest or devise.
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> > other property means property other than land.
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> > relevant land means land acquired by the University from the State at nominal or less than market value.
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> **s 24:** Am 2014 No 43, Sch 1.9 \[3\]–\[5\]; 2017 No 22, Sch 1.33 \[4\]; 2017 No 23, Sch 1.10. Subst 2024 No 66, Sch 10.