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This is a Bill, not an Act. For current law, see the Acts databases.


WASTE RECYCLING AND PROCESSING CORPORATION (AUTHORISED TRANSACTION) AMENDMENT BILL 2023





                              New South Wales




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

             1   Name of Act                                                  2
             2   Commencement                                                 2
Schedule 1       Amendment of Waste Recycling and Processing Corporation
                 (Authorised Transaction) Act 2010 No 8                       3
Schedule 2       Amendment of other legislation                              10
I certify that this public bill, which originated in the Legislative Assembly, has finally passed
the Legislative Council and the Legislative Assembly of New South Wales.

                                                Clerk of the Legislative Assembly.
                                                Legislative Assembly,
                                                Sydney,                                   , 2023




                                    New South Wales




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

Act No        , 2023



An Act to amend the Waste Recycling and Processing Corporation (Authorised Transaction) Act
2010 to enable the Waste Assets Management Corporation to manage legacy sites containing
contamination; and for other purposes.




I have examined this bill and find it to correspond in all respects with the bill as finally
passed by both Houses.

                                                Assistant Speaker of the Legislative Assembly.
Waste Recycling and Processing Corporation (Authorised Transaction) Amendment Bill 2023 [NSW]




The Legislature of New South Wales enacts--
  1   Name of Act
             This Act is the Waste Recycling and Processing Corporation (Authorised
             Transaction) Amendment Act 2023.
  2   Commencement
             This Act commences on the date of assent to this Act.




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Waste Recycling and Processing Corporation (Authorised Transaction) Amendment Bill 2023 [NSW]
Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



Schedule 1             Amendment of Waste Recycling and Processing
                       Corporation (Authorised Transaction) Act 2010
                       No 8
[1]   Section 1 Name of Act
      Omit "Waste Recycling and Processing Corporation (Authorised Transaction)".
      Insert instead "Waste Assets Management Corporation".
[2]   Section 3
      Omit the section. Insert instead--
          3   Definitions
                    The dictionary in Schedule 1, clause 1 defines words used in this Act.
                    Note-- The Interpretation Act 1987 contains definitions and other provisions that affect
                    the interpretation and application of this Act.

[3]   Part 1A
      Insert after Part 1--

      Part 1A Waste Assets Management Corporation
      Division 1            Constitution of WAMC
         3B   Functions of WAMC
              (1)   The WAMC has the following functions--
                    (a) to acquire, control and manage contaminated land if, in the Chief
                          Executive's opinion, the land presents a risk of harm to human health or
                          the environment,
                    (b) to provide services and do other things for the following purposes in
                          relation to contaminated land acquired, controlled or managed under
                          paragraph (a)--
                           (i) the remediation of the land,
                          (ii) the use or development of the land,
                         (iii) activities that relate to or are incidental to the management, use
                                 or development of the land.
                            Examples--
                              1  using the land for landfill operations before the land is remediated
                              2  following remediation of the land, using the land for use as a public
                                 recreation facility until the land is sold to another person
                    (c)     to enter into arrangements with a person or body in connection with its
                            other functions, including arrangements for third parties to carry out
                            development for the WAMC on land owned by the WAMC,
                    (d)     functions conferred on the WAMC by this Act or another Act,
                    (e)     functions supplementary or incidental to the exercise of its other
                            functions, including the following--
                             (i) entering contracts or arrangements,
                            (ii) charging fees for services,




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Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



                          (iii)  conducting business, for example, generation of renewable
                                 energy or creation and sale of carbon credits or biodiversity
                                 credits,
                    (f)   other prescribed functions in relation to land owned or managed by the
                          WAMC.
              (2)   In carrying out development on contaminated land, the Chief Executive must
                    be satisfied the development will--
                     (a) prevent further contamination of the land, or
                    (b) be compatible with action taken to mitigate or minimise the risk of harm
                           to human health or the environment presented by contaminants on the
                           land.

      Division 2          Dealings with land
         3D   Acquisition of land
                    The WAMC may, for this Act, acquire land or other property, or an interest in
                    land or other property--
                     (a) by agreement, or
                    (b) in accordance with section 3F.
         3E   Transfer of land to WAMC
              (1)   The Minister may, by order published in the Gazette, transfer land comprising,
                    wholly or in part, contaminated land--
                    (a) from the State or a government agency to the WAMC, or
                    (b) from a council to the WAMC.
              (2)   The Minister may transfer land under subsection (1) only if--
                    (a) both parties to the transfer have consented to the transfer, and
                    (b) the Treasurer has approved the transfer or the transfer is in accordance
                         with a Treasurer's direction under the Government Sector Finance Act
                         2018.
              (3)   On the day the order is published in the Gazette (the transfer day), the land
                    vests in the WAMC for an estate in fee simple--
                    (a) without the need for further conveyance, transfer, assignment or
                           assurance, and
                    (b) subject to the trusts, estates, interests, dedications, conditions,
                           restrictions and covenants to which the land was subject immediately
                           before the day the order is published.
              (4)   On the transfer day, the following provisions have effect--
                    (a) the rights or liabilities of the transferor in relation to the land become
                          the rights or liabilities of the WAMC,
                    (b) all proceedings relating to the land commenced before the transfer day
                          by or against the transferor and pending immediately before the transfer
                          day are taken to be proceedings pending by or against the WAMC,
                    (c) an act, matter or thing done or omitted to be done in relation to the land
                          before the transfer day by, to or in relation to the transferor is, to the
                          extent to which the act, matter or thing has force or effect, taken to have
                          been done or omitted to be done by, to or in relation to the WAMC,



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Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



                    (d)   a reference in an Act, in an instrument made under an Act or in a
                          document to the transferor is, to the extent it relates to the land or the
                          rights or liabilities, to be read as, or as including, a reference to the
                          WAMC.
         3F   Transfer of land from WAMC
              (1)   The WAMC may, by written notice, advise the Minister that certain land is no
                    longer required to be owned or managed by the WAMC for risks to human
                    health or the environment to be properly managed in relation to the land.
              (2)   The Minister may, by order published in the Gazette, transfer the land
                    specified in the order from the WAMC to--
                    (a) for land transferred to the WAMC from the State or a government
                           agency--the State, the government agency or, with the agreement of
                           both parties to the transfer, another government agency, or
                    (b) for land transferred to the WAMC from a council--the council.
              (3)   On the day the order is published in the Gazette (the transfer day), the land
                    vests in the transferee for an estate in fee simple--
                    (a) without the need for further conveyance, transfer, assignment or
                           assurance, and
                    (b) subject to the trusts, estates, interests, dedications, conditions,
                           restrictions and covenants to which the land was subject immediately
                           before the day the order is published.
              (4)   On the transfer day, the following provisions have effect--
                    (a) the rights or liabilities of the WAMC in relation to the land become the
                          rights or liabilities of the transferee,
                    (b) all proceedings relating to the land commenced before the transfer day
                          by or against the WAMC and pending immediately before the transfer
                          day are taken to be proceedings pending by or against the transferee,
                    (c) an act, matter or thing done or omitted to be done in relation to the land
                          before the transfer day by, to or in relation to the WAMC is, to the extent
                          to which the act, matter or thing has force or effect, taken to have been
                          done or omitted to be done by, to or in relation to the transferee,
                    (d) a reference in an Act, in an instrument made under an Act or in a
                          document to the WAMC is, to the extent it relates to the land or the
                          rights or liabilities, to be read as, or as including, a reference to the
                          transferee.
         3G   Effect of transfer of land under this part
              (1)   Land may be transferred under this part despite a requirement of another Act
                    or law that relates to dealing with or disposing of the land.
              (2)   No compensation is payable to a person or body in connection with the
                    operation of this section.
              (3)   The operation of this section must not be regarded as--
                    (a) a breach of contract or confidence or otherwise as a civil wrong, or
                    (b) a breach of a contractual provision prohibiting, restricting or regulating
                          the assignment or transfer of assets, rights or liabilities, or
                    (c) giving rise to a remedy by a party to an instrument, or causing or
                          permitting the termination of an instrument, because of a change in the
                          beneficial or legal ownership of an asset, right or liability.


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Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



              (4)   Duty under the Duties Act 1997 is not chargeable for or in relation to--
                    (a) a vesting or transfer of land effected under this section or in accordance
                          with arrangements entered into under this Act, or
                    (b) anything certified by the Minister as having been done in consequence
                          of the vesting or transfer or under the arrangements.
         3H   Sale of land by WAMC
                    The WAMC may, with the consent of the Minister, sell or exchange land
                    owned by the WAMC, including by disposing of a fee simple estate in the
                    land.
         3I   Requirement to report about acquisitions and disposal of land
              (1)   The WAMC must, within 2 months after the end of each reporting period, give
                    the Minister a report about the following--
                     (a) land acquired, or disposed of, by the WAMC in the reporting period,
                          including land bought, sold, exchanged or otherwise transferred to or
                          from the WAMC,
                    (b) if the WAMC disposed of land to a person other than the State, a
                          government agency or a council within the reporting period--the reason
                          for the decision to dispose of the land to that person.
              (2)   The Minister must, within 5 sitting days after being given a report under
                    subsection (1), provide the report to the Presiding Officer of each House of
                    Parliament.
              (3)   A report provided to the Presiding Officer of a House of Parliament under
                    subsection (2) must be laid before that House within 5 sitting days of that
                    House after it is received by the Presiding Officer.
              (4)   In this section--
                    reporting period means the following periods--
                     (a) the period starting on 1 January in a year and ending on 30 June in that
                           year,
                    (b) the period starting on 1 July in a year and ending on 31 December in that
                           year.
[4]   Section 7 WAMC Landfill Rehabilitation Fund
      Omit "Minister for Finance, Services and Property" from section 7(1), (3)(a) and (b), (4)
      and (7).
      Insert instead "Minister".
[5]   Section 7, as amended by item [4]
      Renumber as section 3C and transfer after section 3B, as inserted by item [3].
[6]   Section 16 Waste Assets Management Corporation
      Omit "Minister for Finance, Services and Property" from section 16(2).
      Insert instead "Minister".
[7]   Section 16(3)
      Omit the subsection.




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Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



 [8]   Section 16, as amended by items [6] and [7]
       Renumber as section 3A and transfer before section 3B, as inserted by item [3].
 [9]   Section 20 Delegation
       Omit section 20(2). Insert instead--
             (2)    The Minister may delegate to the following any function of the Minister under
                    this Act, except this power of delegation--
                     (a) an officer of the Department in which this Act is administered,
                    (b) another officer of a government sector agency.
[10]   Section 29 Savings and transitional regulations
       Omit the section.
[11]   Schedule 1 Interpretative provisions
       Omit clause 1, heading.
       Insert instead--
       1     Dictionary

[12]   Schedule 1, clause 1
       Omit the definitions of authorised transaction, Waste Assets Management Corporation,
       WSN and WSN assets.
       Insert in alphabetical order--
                     authorised transaction means the transfer of WSN assets authorised by Part 2.
                     contaminated land means--
                      (a) land that is contaminated within the meaning of the Contaminated Land
                            Management Act 1997, or
                     (b) land subject to a licence or notice issued under the Protection of the
                            Environment Operations Act 1997, or
                      (c) land subject to ongoing management or maintenance to mitigate or
                            minimise the risks to human health and the environment presented by
                            the contamination of the land, or
                     (d) land adjacent to or adjoining land referred to in paragraph (a) or (b) on
                            which it is reasonably necessary to carry out works--
                             (i) to contain or prevent further contamination, or
                            (ii) to mitigate the risks of contamination, or
                           (iii) to establish a buffer around the land to manage the risks to human
                                  health and the environment in relation to the land.
                     contamination has the same meaning as in the Contaminated Land
                     Management Act 1997, section 5.
                     WAMC or the Corporation means the Waste Assets Management Corporation
                     constituted by section 3A.
                     WSN means the Waste Recycling and Processing Corporation constituted by
                     the Waste Recycling and Processing Corporation Act 2001.
                     WSN assets means assets, rights and liabilities of WSN.




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Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



[13]   Schedule 5 Waste Assets Management Corporation
       Omit "Minister for Finance, Services and Property" wherever occurring in clauses 3(3) and
       5(2).
       Insert instead "Minister".
[14]   Schedule 5, clause 5(3)
       Omit the subclause.
[15]   Schedule 5, clause 6
       Omit "Treasurer". Insert instead "Minister".
[16]   Schedule 6
       Insert after Schedule 5--

       Schedule 6             Savings and transitional provisions

       Part 1       Preliminary
         1   Regulations
             (1)    The regulations may contain provisions of a savings or transitional nature
                    consequent on the commencement of--
                    (a) a provision of this Act, or
                    (b) a provision amending this Act.
             (2)    A savings or transitional provision consequent on the commencement of a
                    provision must not be made more than 2 years after the commencement.
             (3)    A savings or transitional provision made consequent on the commencement of
                    a provision is repealed 2 years after the commencement.
             (4)    A savings or transitional provision made consequent on the commencement of
                    a provision may take effect before the commencement but not before--
                    (a) for a provision of this Act--the date of assent to this Act, or
                    (b) for a provision amending this Act--the date of assent to the amending
                          Act.
             (5)    A savings or transitional provision taking effect before its publication on the
                    NSW legislation website does not--
                    (a) affect the rights of a person existing before the publication in a way
                          prejudicial to the person, or
                    (b) impose liabilities on a person for anything done or omitted to be done
                          before the publication.
             (6)    In this section--
                    person does not include the State or an authority of the State.




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Schedule 1 Amendment of Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010
No 8



      Part 2        Provisions consequent on Waste Recycling and
                    Processing Corporation (Authorised Transaction)
                    Amendment Act 2023
         2   Definition
                    In this part--
                    amendment Act means the Waste Recycling and Processing Corporation
                    (Authorised Transaction) Amendment Act 2023.
         3   References to Waste Recycling and Processing Corporation (Authorised
             Transaction) Act 2010
                    On the commencement of the amendment Act, Schedule 1[1], a reference in
                    an Act, instrument or other document to the Waste Recycling and Processing
                    Corporation (Authorised Transaction) Act 2010 is taken to include a reference
                    to the Waste Assets Management Corporation Act 2010.
         4   Treasurer may declare completion of authorised transaction
             (1)    The Treasurer may, by order published in the Gazette, declare the completion
                    of the authorised transaction on a specified day.
             (2)    On the specified day, the authorised transaction provisions are repealed.
             (3)    In this section--
                    authorised transaction provisions means the following--
                     (a) Parts 2 and 3, as amended by the amendment Act,
                    (b) sections 19 and 21-27,
                     (c) Schedule 1, clauses 2 and 3,
                    (d) Schedules 2-4,
                     (e) Schedule 5, clause 5.




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Waste Recycling and Processing Corporation (Authorised Transaction) Amendment Bill 2023 [NSW]
Schedule 2 Amendment of other legislation



Schedule 2             Amendment of other legislation
2.1 Electricity Network Assets (Authorised Transactions) Act 2015 No 5
[1]   Schedule 7 Savings, transitional and other provisions
      Omit "Waste Recycling and Processing Corporation (Authorised Transaction) Act 2010"
      from clause 8, definition of authorised transaction Act.
[2]   Schedule 7, clause 8
      Omit "Waste Assets Management Corporation established by the Waste Recycling and
      Processing Corporation (Authorised Transaction) Act 2010" from the definition of existing
      MHC.

2.2 Environmentally Hazardous Chemicals Act 1985 No 14
      Schedule 1 Provisions relating to the Committee
      Omit "Waste Recycling and Processing Corporation" from clause 2(f).
      Insert instead "Waste Assets Management Corporation".

2.3 Land and Environment Court Act 1979 No 204
      Section 20 Class 4--environmental planning and protection, development contract
      and strata renewal plan civil enforcement
      Omit "Waste Recycling and Processing Corporation Act 2001" from section 20(3)(a).
      Insert instead "Waste Assets Management Corporation Act 2010".

2.4 Subordinate Legislation Act 1989 No 146
      Schedule 4 Excluded instruments
      Omit item 34.




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