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LOCAL GOVERNMENT ACT 1995 - SECT 5.79

LOCAL GOVERNMENT ACT 1995 - SECT 5.79

5.79 .         Real property

        (1)         A relevant person is to disclose in a primary return and an annual return —

            (a)         the address of each parcel of real property, located in the district or in an adjoining district, in which the person had an interest —

                  (i)         in the case of a primary return, on the start day; and

                  (ii)         in the case of an annual return, at any time during the return period;

                and

            (b)         the nature of the interest in each parcel of real property to which paragraph (a) applies.

        (2)         Nothing in this Subdivision requires a relevant person to disclose in a return an interest in a parcel of real property to which subsection (1) applies if the person had the interest only —

            (a)         in the capacity of executor or administrator of the estate of a deceased person and the person was not a beneficiary under the will or did not have an entitlement under the intestacy; or

            (b)         in the capacity of trustee and the person acquired the interest in the ordinary course of an occupation of the person which is not related to his or her duties as a council member or employee; or

            (c)         by way of security for a debt.

        (3)         In this section —

        interest means any estate, interest, right or power whatever, whether at law or in equity, in or over real property.