Western Australian Consolidated Acts

HOUSING ACT 1980 - SECT 12A

12A .         Joint ventures

        (1)         To further the objects of this Act or the Government Employees’ Housing Act 1964 , subject to subsection (3), the Authority may enter into a joint venture arrangement.

        (2)         Without limiting the powers that the Authority may exercise under either of those Acts for the purposes of participating in and giving effect to a joint venture arrangement relating to a project, the Authority may —

            (a)         seek and maintain appropriate representation on a board or other body having responsibility for carrying out, managing or controlling the project; and

            (b)         subject to any contract relating to the project —

                  (i)         receive contributions or other moneys relating to the project; and

                  (ii)         disburse or distribute, or arrange for the disbursement or distribution of, those contributions or other moneys.

        (3)         The Authority can only enter into a joint venture arrangement —

            (a)         with the approval of the Minister; and

            (b)         on terms and conditions approved by the Treasurer.

        [Section 12A inserted by No. 6 of 2010 s. 6.]