Albury-Wodonga Development Corporation
AWDC
1974 – 31 December 2014
Commonwealth statutory corporation that acquired and developed land and promoted the growth of Albury-Wodonga, on the New South Wales–Victoria border, as a national growth centre.
How it came into existence
Established as a Commonwealth statutory authority under the Albury-Wodonga Development Act 1973, following a 1973 agreement between the Commonwealth, New South Wales and Victorian governments to develop Albury-Wodonga as a growth centre; it began operating in 1974.
Legislation: Albury-Wodonga Development Act 1973; Albury-Wodonga Development Corporation (Abolition) Act 2014
Changes during its life
- 1995The Commonwealth decided to wind up the corporation and sell its remaining land holdings.
- 2000The Albury-Wodonga Development Amendment Act 2000 simplified the corporation's structure in preparation for its abolition.
- 11 November 2014The Albury-Wodonga Development Corporation (Abolition) Act 2014 received assent, repealing the Albury-Wodonga Development Act 1973.
How it ended
Wind-up was decided in 1995 and development activity ceased in 2004; the corporation was abolished on 31 December 2014 under the Albury-Wodonga Development Corporation (Abolition) Act 2014, with its residual functions passing to the Department of Finance.
- Residual assets, liabilities and functions of the corporation
Main functions
- Acquisition and development of land in the growth centre
- Planning of urban and industrial development
- Promotion of business investment and relocation
- Sale of developed land
Where it sits
Last in the portfolio of Department of Finance.
Lineage
Loading lineage…
Sources
Primary sources
- Australian Government Organisations Register (Department of Finance, data.gov.au) (listed from 11 December 2014 to 16 February 2015)
Government records and websites
Other sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.