The Independent Pricing and Regulatory Tribunal (IPART) is seeking feedback on how to set rents for communication tower sites located on Crown land.
Communication tower sites are areas of land on which a tower and/or other infrastructure and equipment essential for broadcast and two-way communications is situated. Outside of built up areas, they tend to be on Crown land as it is often the most suitable location.
IPART Tribunal Member Ed Willett said the review will consider the rents to apply from July 2020 for land managed by three government agencies – the Department of Industry's Division of Lands and Water, the Office of Environment and Heritage, and Forestry Corporation NSW of Industry's Division of Lands and Water, the Office of Environment and Heritage, and Forestry Corporation NSW.
"In particular, we have been asked to advise on a rent fee schedule that reflects fair, market based commercial returns," Mr Willett said.
A paper released by IPART today seeks feedback on a range of issues to be considered as part of the review. Submissions on the Issues Paper will be received until 12 April and considered by IPART before a draft report is released in June.
Final recommendations will be made in September 2019.
This is IPART's third review of rents for communication towers on Crown land, following previous reviews in 2013 and 2005.
A full copy of the Issues Paper is available at ipart.nsw.gov.au
/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).
