NSW Ban on Compensation for Land Transfers to the Waste Assets Management Corporation

Waste Recycling and Processing Corporation (Authorised Transaction) Amendment Bill 2023

21 Nov 2023: Passed by Parliament and signed off by the governor.

This bill kicks in: TBA

Legislative Assembly

Legislative Council

Assent

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Topics

biodiversity credits carbon credits contaminated land environmental remediation land management public health renewable energy

Introduced by: The Hon Stephen Kamper MP (ALP); The Hon Daniel Mookhey MLC (ALP)

Links to official parliament websites

Official page: progress through parliament

Official page: bill text and explanatory notes

Effects of this bill

If this bill passes, it means that:

People and bodies cannot claim compensation for land transfers under the new rules
Land transfers cannot be treated as a breach of contract; they do not give parties a right to terminate an agreement
The Waste Assets Management Corporation (WAMC) is established to handle contaminated land
The WAMC can take control of land if the Chief Executive believes it risks human health or the environment
The WAMC can remediate land; it can also build landfill operations or public recreation facilities
The WAMC can charge fees for services; it can sell carbon or biodiversity credits
The WAMC Chief Executive must ensure any development on contaminated land prevents further pollution

The Debate

What different members said when this bill was debated:

Mark Buttigieg ALP

“Property and Development NSW and the Waste Assets Management Corporation must be commended for working together to develop this proactive solution for legacy contaminated land within the New South Wales Government property portfolio.”

Official source →

News articles and press releases

Waste Recycling and Processing Corporation (Authorised Transaction) Amendment Bill 2023

Mr STEPHEN KAMPER, Minister for Small Business — 2023-10-11

The amendments will establish the Waste Assets Management Corporation as a centralised government entity to hold and manage legacy contaminated land and provide specialist contracting and consulting services to other agencies. To understand the Government’s reasons for introducing the bill, it is necessary that I briefly outline the problems posed by contaminated land for the Government.