This amendment was published in the Government Gazette on 6 October 2017 and came into operation the following day.
Under the previous Regulations, a regional subsidiary was prohibited from conducting land transactions under any circumstances.
sector advised that this prohibition was excessive, as it prevented a
subsidiary from acquiring land to use as a base of operations. This
amendment addresses sector feedback and now permits regional
subsidiaries to acquire and sell land when necessary.
has also requested that the McGowan Government investigate whether local
governments should be granted the power to form 'council controlled
organisations' for the pursuit of commercial activity.
Hon David Templeman MLAMinister for Local Government;Heritage; Culture and the Arts