THE ACT’s Integrity Commission has found that the Suburban Land Agency did not engage in corrupt conduct in it’s process for the sale of residential lots in Canberra.
The Suburban Land Agency referred the matter to the Commission following a small number of complaints about its “book-to-buy” process for the sale of residential lots.
The process required a potential buyer to complete an online registration for the opportunity to be allocated a block of land to purchase.
The complaints broadly alleged that the process was “rigged” to give an advantage to certain registered applicants.
But a special report conducted by the Commission and tabled today (October 18) by the Speaker of the Legislative Assembly found there was “no reasonable suspicion that the Suburban Land Agency had engaged in corruption.”
The report identified a number of significant vulnerabilities that “pose potential corruption risks for the Suburban Land Agency and the integrity of its processes”.
These include the potential for the process to be exploited with adverse consequences for genuine participants.
The report said that the Suburban Land Agency has since introduced regulations for any future “book-to-buy” processes and intends to carry out an independent review of its residential land sales processes.
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