Legislative Assembly for the ACT: 2014 Week 2 Hansard (18 March) . . Page.. 427..
MR SMYTH: My question is to the Minister for the Environment and Sustainable Development. Minister, in your advice in 2012 regarding section 63 and late fees, it noted:
Block 19 section 63 in City applied for an extension of time on 16 March 2012. They received a notice of decision on 2 April 2012 and confirmation that no fees were payable to extend the completion of the crown lease until after 13 March 2014.
Can you provide an update on what is currently happening at the site of section 63 and what has been the hold up?
MR CORBELL: That site has obviously been sold by the territory to a prominent national development company, and my understanding is that that company has not been able to procure the tenancy needed to ensure that finance can be committed for development of the site. I am aware that that company has taken a range of steps to seek to secure tenancies and to allow that site to proceed to development.
The government continues to monitor closely the circumstances surrounding the proposed development of that site, but clearly the proponents find themselves in a situation where, without a tenancy, they are unable to secure finance to proceed to construction. The government will continue to engage with that company to ensure that they are able to proceed to construction on that site as soon as is feasibly possible.
MADAM SPEAKER: A supplementary question, Mr Smyth.
MR SMYTH: Minister, as per your advice provided on 9 July 2012, are the leaseholders of section 63 now liable to pay late fees or has another extension been provided?
MR CORBELL: I would need to seek the advice of the directorate in relation to the current status of any liabilities that may have been accrued by that developer, so I will take the question on notice.
MADAM SPEAKER: Supplementary question, Mr Coe.
MR COE: Minister, I imagine you will have to take this question on notice, but will you please provide how much they are now paying in late fees, if they are, indeed, doing so and under what legislation or regulation a waiver would be made if not?
MR CORBELL: In relation to a waiver, I am in no position as the minister to grant a waiver. The only minister who can grant a waiver over any territory liability is the Treasurer. So I would refer you to him in relation to those matters. But in relation to a liability, I am happy to take the question on notice.
MADAM SPEAKER: A supplementary question, Mr Coe.
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