36D
CurrentSale, lease or other disposal of land
Part 3BSydney Trains
Division 3Functions of Sydney Trains
36D Sale, lease or other disposal of land
(1)
Sydney Trains may, with the approval of the Minister, sell, lease or otherwise dispose of any of its land.
(2)
Despite subsection (1), the approval of the Minister is not required—
(a)
for any lease for a term not exceeding 5 years, or
(b)
for a sale, lease or other disposal of land not exceeding such value, or in such circumstances, as the Minister may determine from time to time.
This Act’s bill:Explanatory memorandum
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