(1) The Minister must, at least once every 12 months—
(a) make a statement setting out the government's requirements and priorities in relation to urban renewal in an urban renewal precinct (a statement of expectations ); and
(b) give the statement of expectations to the authority board.
Examples—par (a)
• particular project to be undertaken by the authority
• dividend or other financial return to be made to the Territory by the authority
• affordable housing, community housing or public housing targets
• environmental performance
• whole-of-government strategy or plan
(2) The statement of expectations may include any information the Minister believes will assist the authority board to implement the statement of expectations.
(3) A statement of expectations is a notifiable instrument.
Note A notifiable instrument must be notified under the Legislation Act
.