Australian Capital Territory Consolidated Acts Australian Capital Territory Consolidated Acts(1) The Executive may authorise the acquisition under this Act by agreement of an interest in land other than land in a public park, by an acquiring authority for a public purpose.
(2) The acquiring authority may then enter into an agreement for the acquisition of the interest if—
(a) a pre-acquisition declaration in relation to the acquisition has become absolute and is in force; or
(b) the Executive has given a certificate under section 21 in respect of the acquisition; or
(c) the interest is owned by the Territory or a Territory authority.
(3) The Executive shall cause to be laid before the Legislative Assembly, within 15 sitting days of the Assembly after the agreement is entered into, a statement describing—
(a) the interest; and
(b) the situation of the land; and
(c) the price at which the interest is being, or has been, acquired; and
(d) the public purpose for which the interest is being, or has been, acquired.
(4) Failure to comply with subsection (3) in relation to an acquisition does not invalidate the acquisition.