New South Wales Consolidated Acts

LAKE ILLAWARRA AUTHORITY ACT 1987 - SECT 17

17 Vesting of the development area in the Authority

(1) On the commencement of this Act, the land within the development area is vested in the Authority for an estate in fee simple.

(2) Land vested in the Authority by this section is:

(a) except as provided by paragraph (b), freed and discharged from any trusts and other interests affecting it before the commencement of this Act, and

(b) vested in the Authority subject to any lease, licence or other right of occupancy (being a right of occupancy created under the Crown Lands Consolidation Act 1913 ) which affected the land immediately before that commencement.

(3) The only land that is vested in the Authority by this section is:

(a) Crown land, within the meaning of the Crown Lands Consolidation Act 1913 ,

(b) land held on behalf of the Crown by a Minister,

(c) land held by a Constructing Authority, within the meaning of the Public Works Act 1912 ,

(d) land held by the corporation constituted by the Environmental Planning and Assessment Act 1979 , and

(e) land held by a council, within the meaning of the Local Government Act 1993 .

(4) Land vested in the Authority by this section is limited to a depth of 20 metres below Australian Height Datum within the meaning of the Surveying Act 2002 .

(5) The Authority shall not be required to pay, by way of compensation or otherwise, any amount to the Crown, or to any person or public authority, in respect of the vesting of land by this section.