The Economic Development Bill 2012 (Qld) was introduced into the Queensland Parliament on Thursday 1 November 2012.
The purpose of the proposed Act is to facilitate economic development and development for community purposes in Queensland.
While the new Act will repeal the Urban Land Development Authority Act (2007) (ULDA Act), but then goes on to reapply very similar provisions in various contexts, it would be a mistake to think the Bill is just replacing one authority with another entity dealing with urban land use and development areas. The purpose of this Bill clearly goes much further than the purposes of the ULDA Act.
The main purpose of the Bill is to facilitate economic development, and development for community purposes, in the State.
Neither “economic development” nor “development for community purposes” are defined, allowing them to be interpreted broadly, consistent with their ordinary meaning.
The main purpose of the Bill is to be achieved primarily by:
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