Australian Capital Territory Repealed Acts

This legislation has been repealed.

HOUSING ASSISTANCE ACT 1987 (REPEALED) - SECT 9

    (1)     Subject to this Act, the commissioner has power to do all things that are necessary or convenient to be done for or in connection with the exercise of the commissioner's functions and, in particular, without limiting the foregoing—

        (a)     to hold land on lease from the Commonwealth, whether the lease is granted to the commissioner directly or is transferred to the commissioner by the previous holder of the lease; and

        (b)     to acquire, control, manage and dispose of land; and

        (c)     to purchase and sell housing; and

        (d)     subject to any law in force in the ACT, to construct, maintain, renovate and demolish buildings situated on land held by the commissioner; and

        (e)     to enter into an arrangement with any person for the construction, maintenance, renovation or demolition of housing on land held by the commissioner; and

        (f)     to enter into a contract with any person; and

        (g)     to do any of the following:

              (i)     to participate in the formation of a company and to acquire an interest in a company;

              (ii)     to enter into, and participate in, a partnership with another person;

              (iii)     to enter into, and participate in, a joint venture; and

        (h)     to enter into a tenancy agreement in relation to any dwelling on land held by the commissioner and to exercise any power given to the commissioner by any such agreement; and

              (i)     to advance money for the purpose of assisting a person—

              (i)     to purchase a dwelling; or

              (ii)     to refinance the purchase of a dwelling; or

              (iii)     to erect or modify a dwelling; or

              (iv)     to refinance the erection or modification of a dwelling; or

              (v)     to purchase land for the purpose of erecting a dwelling; and

        (j)     to enter into an agreement to secure money advanced as referred to in paragraph (i) and to exercise any power given to the commissioner by any such agreement.

    (2)     Nothing in subsection (1) shall be read as giving the commissioner a power to enter into a contract of employment.

    (3)     The commissioner shall not, except with the written approval of the Minister, exercise a power referred to in subsection (1) (f) involving the payment or receipt of an amount exceeding $1 500 000.

    (4)     The commissioner shall not exercise a power referred to in subsection (1) (g) except with the approval of the Minister given in writing after consultation between that Minister and the Treasurer.

    (5)     In subsection (1), a reference to land held by the commissioner includes a reference to land placed under the control of, or held under lease by, the commissioner in accordance with section 16 and to land deemed to be owned, controlled or held by the commissioner under section 24 (1).

    (6)     In subsection (1):

"person" includes a body, cooperative, group or other organisation whether incorporated or not.