Parliamentary approval required to dispose of certain University land
4 Parliamentary approval required to dispose of certain University land
On and after the commencement day, the University must not dispose of all, or any part, of the vested land unless the disposal has first been approved by each House of Parliament.
If the University wishes to dispose of all, or any part, of the vested land – the University – may request that the Minister table a motion under this section in respect of the disposal of the land; and is to provide the Minister with a draft motion that meets the requirements of subsection (4); and if the Minister is satisfied that the motion provided under paragraph (a)(ii) meets the requirements of subsection (4), the Minister is to table the motion in each House of Parliament as soon as is practicable.
For the purposes of this section, a House of Parliament is taken to have approved the disposal of all, or any part, of the vested land if a motion (the disposal motion) that meets the requirements of subsection (4) has been laid on the table of the House and – the disposal motion is approved by the House; or at the expiration of 10 sitting-days after the same motion was laid on the table of the House, no notice has been given of a motion to disallow it or, if such notice has been given, the notice has been withdrawn or the motion has been negatived; or if a notice of motion to disallow the disposal motion is given during that period of 10 sitting-days, the notice of motion to disallow it is, after the expiration of that period, withdrawn or the motion is negatived.
A motion to approve the disposal of vested land that is to be tabled under subsection (2) – must include – a clear description, or plan, of the area of vested land that the University proposes to dispose of; and if the disposal of the land is by lease, details of the term of the lease; and details of the amount of payment or consideration, or any other benefits, that the University is to receive if the disposal of the vested land is approved as required under this section; and may include such other information as the University considers relevant to the disposal of the proposed area of vested land.
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