Government Agencies (Land Acquisition Reporting) Act 2018

A report about a land acquisition by a government agency must—

identify—

the particulars of the land that was acquired; and

the government agency that acquired the land; and

from whom the land was acquired; and

describe the way in which the acquisition was made; and

state—

the compensation paid or payable for the land; and

any other amount paid or payable in relation to the acquisition; and

for a defined land acquisition, include—

any valuation given to the acquiring government agency by the person from whom the land was acquired; and

any other valuation considered by the acquiring government agency; and

for a defined land acquisition, state—

whether the acquisition was—

approved by the Executive, a stated Minister or a public servant; or

agreed by Cabinet; or

if the acquisition was approved by a public servant—the position of the public servant; and

the date the acquisition was approved or agreed; and

for a defined land acquisition, include a short statement about the following:

the reason why the land was acquired including the proposed and potential short and long term use and development of the land;

how the proposed use and development of the land is consistent with the territory plan;

how the acquisition is in the public interest;

how the acquisition is consistent with the functions of the acquiring government agency;

if relevant, how the proposed use and development of the land supports the principle of environmental sustainability;

if the acquiring government agency has a statement of intent—how the acquisition is consistent with the agency’s statement of intent, or other relevant forecasts, for the year;

how the acquisition represents value for money taking into account the particulars of the land, any valuation, the proposed and potential short and long term use and development of the land, relevant policies and programs of the acquiring government agency or the Territory; and

include anything prescribed by regulation.

For an acquisition made under the Lands Acquisition Act 1994, if the amount paid or payable is not known at the end of the quarter the report—

must state that the information is not yet known and that the report will be updated when the information is known; and

must be updated to include the amount paid or payable as soon as practicable after the amount is known.

A report may include any other information the responsible Minister considers relevant.

Example

information from a business case or risk assessment

In this section:

defined land acquisition means a land acquisition other than an acquisition mentioned in section 7 (1) (b) (ii) to (vi).