Canterbury Earthquake Recovery Bill

  • enacted
52  Acquiring or disposing of property
  • (1) The chief executive may, in the name of the Crown, purchase or otherwise acquire, hold, sell, exchange, mortgage, lease, and dispose of land and personal property.

    (2) Subsection (3) applies if land acquired by the chief executive is no longer required for that purpose and is available for disposal.

    (3) To avoid doubt, nothing in section 40 of the Public Works Act 1981 applies to the disposal of land to which this subsection applies, whether by sale, exchange, or otherwise, except as provided in section 57.

    (4) The Minister may, by notice in the Gazette, declare land held under this Act to be set apart for a Government work in terms of the Public Works Act 1981.

    (5) The Minister may, by notice in the Gazette, declare land held for a public work in terms of the Public Works Act 1981 to be held under this Act.