Australian Capital Territory Consolidated Acts

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LAND RENT ACT 2008 - SECT 35

Regulation-making power

    (1)     The Executive may make regulations for this Act.

Note     A regulation must be notified, and presented to the Legislative Assembly, under the Legislation Act.

    (2)     A regulation may prescribe requirements in relation to an application under section 7 (2) (Application to pay land rent).

Examples

1     evidence that the applicant has obtained advice from a registered financial adviser, or attended a course, on the effect of a land rent lease and any advantages and disadvantages of leasing a land rent lease

2     a certificate by the commissioner about the applicant's eligibility for discounted land rent

Note     An example is part of the Act, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act, s 126 and s 132).

    (3)     A regulation may provide that a provision of the Planning and Development Act 2007 does not apply, or applies with stated modifications, to a land rent lease.

    (4)     Subsection (3) is a law to which the Legislation Act, section 88 (Repeal does not end effect of transitional laws etc) applies.

    (5)     Subsections (3) and (4) and this subsection, and any regulation in force under subsection (3), expire 2 years after the day this section commences.



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