New South Wales Consolidated Acts
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ENVIRONMENTAL PLANNING AND ASSESSMENT ACT 1979 - SECT 11
Functions of corporation
(1) For the purposes of this Act, the corporation may, in such manner and
subject to such terms and conditions as it thinks fit, sell, lease, exchange
or otherwise dispose of or deal with land vested in the corporation and grant
easements or rights-of-way over that land or any part thereof.
(2) Without
affecting the generality of subsection (1), the corporation may, in any
contract for the sale of land vested in it, include conditions for or with
respect to: (a) the erection of any building on that land by the purchaser
within a specified period,
(b) conferring on the corporation an option or
right to repurchase that land if the purchaser has failed to comply with a
condition referred to in paragraph (a),
(c) conferring on the corporation an
option or right to repurchase that land if the purchaser wishes to sell or
otherwise dispose of that land before the expiration of a specified period or
requiring the purchaser to pay to the corporation a sum determined in a
specified manner where the corporation does not exercise that option or right,
or
(d) the determination of the repurchase price payable by the corporation
pursuant to a condition referred to in paragraph (b) or (c).
(3) A condition
included in a contract of sale pursuant to subsection (2) does not merge in
the transfer of title to the land, the subject of the contract of sale, on
completion of the sale.
(4) In addition to other functions conferred or
imposed on the corporation by or under this or any other Act, the corporation
may, for the purposes of this Act: (a) manage land vested in the corporation,
(b) cause surveys to be made and plans of surveys to be prepared in relation
to land vested in the corporation or in relation to any land proposed to be
acquired by the corporation,
(d) demolish, or cause to be demolished, any
building on land vested in the corporation of which it has exclusive
possession,
(e) provide, or arrange, on such terms and conditions as may be
agreed upon for the location or relocation of utility services within or
adjoining or in the vicinity of land vested in the corporation,
(f) subdivide
and re-subdivide land and consolidate subdivided or re-subdivided land vested
in the corporation,
(g) set out and construct roads on land vested in the
corporation or on land of which the corporation has exclusive possession, or
on any other land with the consent of the person in whom it is vested,
(h)
erect, alter, repair and renovate buildings on and make other improvements to
or otherwise develop land vested in the corporation or any other land, with
the consent of a person in whom it is vested,
(i) cause any work to be done
on or in relation to any land vested in the corporation or any other land,
with the consent of the person in whom it is vested, for the purpose of
rendering it fit to be used for any purpose for which it may be used under any
environmental planning instrument which applies to the land, and
(j) by
notification published in the Gazette, dedicate any land vested in the
corporation as a reserve for public recreation or other public purposes and
fence, plant and improve any such reserve.
(6) In the exercise of any
function under subsection (4) (g), consultations are to be held with the Roads
and Traffic Authority, the relevant council and such other persons as the
Minister determines.
(7) In relation to any land (whether vested in the
corporation or not), the corporation may exercise any function that is
necessary or convenient to be exercised in, or for any purpose of, the
application of any part of a Development Fund referred to in Division 1 of
Part 7.
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