Regional Development Act 2004 (NSW)

Regional Development Act 2004 No 58

An Act with respect to the provision of financial assistance to regions for economic development; and for other purposes.

Part 1 Preliminary

1 Name of Act This Act is the Regional Development Act 2004.

2 Commencement This Act commences on a day or days to be appointed by proclamation.

3 Object of Act (1) The object of this Act is to provide a framework for strategic intervention in the economies of regional New South Wales for the following purposes— (a) to promote economic and employment growth in regions in accordance with the principles of ecologically sustainable development, (b) to support sustainable economies, a healthy environment and resilient communities in regions, (c) to support place-based solutions, targeted to the development problems of particular locations and developed in collaboration with the local community, that promote improved economic, environmental and social outcomes in regions, (d) to assist communities in regions to capitalise on regional strengths by supporting the diversification, adaptation and resilience of regional economies, including in relation to established and emerging primary and other industries, (e) to support the transition of communities affected by economic, environmental and social change, (f) to facilitate the economic and social development of Aboriginal communities and Aboriginal enterprises in regions, (g) to encourage cooperation in relation to the matters in paragraphs (a)–(f) among all tiers of government, including local government, the private sector and not-for-profit organisations. (2) In this section— principles of ecologically sustainable development means the principles set out in the Protection of the Environment Administration Act 1991, section 6(2).