Rights of AHO in relation to land in which it has an interest
20 Rights of AHO in relation to land in which it has an interest
An AHO housing agreement may include conditions relating to any land of the registered Aboriginal housing organisation in which the AHO has an interest, including conditions that have effect if—
the registered Aboriginal housing organisation fails to use the land for the purposes contemplated by the agreement, or
the registered Aboriginal housing organisation proposes to sell or otherwise dispose of the land, or
the registration of the registered Aboriginal housing organisation is revoked under this Act.
For example, the conditions may—
confer on the AHO an option or right to reacquire land transferred to the Aboriginal housing organisation, and
confer on the AHO an option or right to acquire land purchased by the registered Aboriginal housing organisation with funding provided by the AHO, and
require the registered Aboriginal housing organisation to pay to the AHO a sum determined in a manner specified in the agreement if the AHO does not exercise the option or right referred to in paragraph (a) or (b), and
require the registered Aboriginal housing organisation to pay to the AHO a sum determined in a manner specified in the agreement for housing or other improvements made to the land by the AHO.
This Act’s bill:Explanatory memorandumSecond reading speech
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.