Local Government (Functions and General) Amendment Regulations (No. 2) 1997 (WA)

29 August 1997]	GOVERNMENT GAZETTE, WA	4867
LOCAL GOVERNMENT
LG301
LOCAL GOVERNMENT ACT 1995

LOCAL GOVERNMENT (FUNCTIONS AND GENERAL) AMENDMENT REGULATIONS (No. 2) 1997

(a) all or any of the consideration to be received by the local	government under the transaction is by way of an increase
in the value of the land due to improvements that are to be
made without cost to the local government; and

Made by the Governor in Executive Council.

Citation

1.

General) Amendment Regulations (No. 2) 1997.	These regulations may be cited as the Local Government (Functions and
Regulation 8 of	Local Government (Functions and General)

Regulations 1996 amended

2.     Regulation 8 of the Local Government (Functions and General)

following subregulation	Regulations 1996* is amended by inserting after subregulation (2) the
leasehold interest in land is an exempt land transaction for the	(3) A transaction under which a local government disposes of a

purposes of section 3.59 of the Act if —

4868 GOVERNMENT GAZETTE, WA 1.29 August 1997

(b) although the total value referred to in the definition of definition, it would not be if the consideration were reduced by the amount of the increase in value mentioned in paragraph (a). "major land transaction" in that section is more, or is worth more, than the amount prescribed for the purposes of that

[* Published in Gazette 24 June 1996, pp. 2771-97.

For amendments to 15 August 1997 see 1996 Index to Legislation of Western Australia, Table 4, p. 172, and Gazette 29 April 1997.]

By Command of the Governor,

M. C. WAUCHOPE, Clerk of the Executive Council.