developing_residential_land_-_investment_plan_template_standing_consent.docx

Required attachments a copy of your financial

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Required attachments A copy of your financial statements to the end of your most recent half year or full year, and, where those financial statements are audited, a copy of the auditor’s report (if not already provided). 2. 5 OIO Investment Plan Template (Standing Consent): Increased Housing / Non Residential Use / Incidental Residential Use - October 2018
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Track record Previous activity regarding the use of residential land Required content Provide a summary of your history of using residential land, including: Whether you have undertaken (or are undertaking) activities which are the same or similar to that proposed in the application and a summary of those activities. Whether the above activities have been successful (e.g. for developments, note if any were commenced but not completed and why). 3. Complying with consent conditions or applying to vary consent conditions Required content Provide a summary of your history of compliance with consent conditions – including: Whether you have received consent under the Act and the case number for any consents received. If there have been a large number of consents granted previously, only note the most recent ones. Comment on any instances of non-compliance with consent conditions, particularly if it has resulted in enforcement action by the OIO (e.g. warnings, compliance letters, fines, or penalties). 4. Other matters Processes / systems / steps for ensuring all requirements will be met Tell us about the processes / systems / steps you will use when making an investment under the standing consent, and during your ownership, to ensure all requirements will be met. You can refer to this information later to help you address relevant criteria. Required content Provide details of the relevant processes / systems / steps you will use, including for example: Engaging a land certificate provider to confirm that the land is residential only land (i.e. not otherwise sensitive) before acquisition. Engaging a lawyer experienced in overseas investment matters to review each proposed investment under the standing consent to ensure that it is within the scope of the consent and conditions can be complied with. Training and oversight for key staff to ensure they are aware of relevant consent conditions / restrictions. 6 OIO Investment Plan Template (Standing Consent): Increased Housing / Non Residential Use / Incidental Residential Use - October 2018
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5. How will you meet the following conditions: Conditions requiring you to notify us of each transaction completed under the standing consent; Conditions limiting the scope of the standing consent (e.g. by number of transactions, total land area, location of land etc); and Conditions about outcomes (e.g. timeframes for completing developments).
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  • Fall '19
  • Game Theory, Public Land Survey System, The Land is Ours

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