MACQUARIE POINT DEVELOPMENT CORPORATION ACT 2012

Table of Provisions

PART 1 - Preliminary

• 1 Short title
• 2 Commencement
• 3 Interpretation
• 4 Material personal interest

PART 2 - Macquarie Point Development Corporation Division 1 -

• 5 Establishment of Macquarie Point Development Corporation
• 6 Principal objectives of Corporation
• 7 Functions of Corporation
• 8 Powers of Corporation

Division 2 - Board of Corporation

• 9 Board
• 10 Responsibilities
• 11 Delegation by Board
• 12 Committees
• 13 Acting directors

Division 3 - Assistance and facilities

• 14 Assistance and facilities

PART 3 - Staff of Corporation

• 15 Chief executive officer
• 16 Responsibilities of chief executive officer
• 17 Delegation by chief executive officer
• 18 Effect of chief executive officer ceasing to be chief executive
officer
• 19 Employees

PART 4 - Powers and Duties of, Offences by and Indemnification of

• 20 Power of former director to access records
• 21 Power of director to access records
• 22 Duties of officers and employees
• 23 Duty to prevent insolvent trading
• 24 False or misleading information
• 25 Reliance on information or advice
• 26 Director to disclose material personal interest
• 27 Board may declare material personal interest
• 28 Standing notice of director's interest
• 29 Restriction on director's participation in case of material personal
interest
• 30 Director may be required to divest of material personal interest
• 31 Civil penalty order
• 32 Proceedings under this Part prevail
• 33 Proceedings for offence
• 34 Compensation and other payments for contravention of this Part
• 35 Indemnifying officers

PART 5 - Directions, Plans, Property Instruments and Remediation

Division 1 - Directions and plans

• 35A Statement of ministerial expectations
• 36 Ministerial directions
• 37 Site master plan
• 38 Corporate plan
• 39 Notification of matters

Division 2 - Property instruments and remediation

• 39A Corporation is public authority for certain purposes
• 39B Corporation or Minister may enter into covenants and agreements
affecting site
• 39C Amendment or extinguishment of covenant or agreement
• 39D Compensation
• 39E Powers under this Act additional to other powers
• 39F Remediation of site

Division 3 - Planning

• 39G Corporation may request Minister to prepare proposed amendments to
planning scheme
• 39H Preparation of proposed amendments
• 39I Approval of proposed amendments to relevant planning scheme
• 39J Commission to amend relevant planning scheme
• 39K Contents of amendments to relevant planning scheme
• 39L Minor amendment of relevant planning amendments
• 39M Significant amendments to relevant planning amendments
• 39N Amendment under Land Use Planning and Approvals Act 1993 of relevant
planning amendments

PART 6 - Financial Affairs and Reports Division 1 - Financial

• 40 Treasurer's Instructions
• 41 Authorised deposit-taking institution accounts
• 42 Funds of Corporation
• 43 Effect of Financial Agreement Act 1994
• 44 Investment
• 45 Borrowing from Treasurer
• 46 Capital contribution by Treasurer
• 47 Borrowing from person other than Treasurer

Division 2 - Accounting records and financial statements

• 48 Accounting records
• 49 Financial statements

Division 3 - Annual report and other information

• 50 Annual report
• 51 Tabling of annual report

PART 7 - Miscellaneous

• 52 Minister may transfer employees to Corporation
• 53 Transfer of Crown land
• 53A Transfer to Crown of land or interests of Corporation
• 54 Transfer of property and obligations
• 55 State tax not payable
• 56 Regulations
• 57 Section 57
• 58 Section 58
SCHEDULE 1 SCHEDULE 2 SCHEDULE 3 SCHEDULE 4

[ Note: This table has been automatically generated and may be incomplete. ]