Transport Administration Amendment
(Parramatta Rail Link—Property
Guarantee) Bill 2003

Explanatory note
This explanatory note relates to this Bill as introduced into Parliament.

Overview of Bill

The object of this Bill is to amend the Transport Administration Act 1988 to
declare that it is the intention of Parliament that the State, over the next 4 years,
offers to purchase any residential property that is located above the Parramatta
Rail Link tunnel at the price the property would attract if there was no tunnel plus
reasonable relocation expenses.

Outline of provisions

Clause 1 sets out the name (also called the short title) of the proposed Act.

Clause 2 provides for the commencement of the proposed Act on the date
of assent.

Clause 3 is a formal provision giving effect to the amendment to the Transport
Administration Act 1988 set out in Schedule 1.

Schedule 1 amends the Transport Administration Act 1988 in the manner
described in the above overview.

Note: If this Bill is not modified, these Explanatory Notes would reflect the Bill as passed in the House. If the Bill has been amended by Committee, these Explanatory Notes may not necessarily reflect the Bill as passed.

 

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