(1) The Authority may prepare one or more draft redevelopment schemes for a redevelopment area.
(2) A draft redevelopment scheme —
(a) may apply to all or part of a redevelopment area; and
(b) must specify the area to which it applies.
(3) A draft redevelopment scheme may include any provision that the Authority considers will promote the orderly and proper planning, development and management of a redevelopment area.
(4) In preparing a draft redevelopment scheme, the Authority must make reasonable endeavours to consult —
(a) each local government of a district in which is land to which it is proposed the draft will relate; and
(b) any public authority or person that the Authority considers would be likely to be affected by the scheme if it were approved.
(5) Subsection (4) does not apply if the local government, public authority or person has been consulted in respect of the proposed scheme under section 37(1).
(6) In preparing a draft redevelopment scheme for all or part of a redevelopment area, the Authority must have regard to the following —
(a) any objectives for the redevelopment area prescribed for the purposes of section 30(5)(c);
(b) the views of any local government, public authority or person consulted under section 37(1);
(c) the views of any local government, public authority or person consulted under subsection (4).
(7) Without limiting subsection (3), a draft redevelopment scheme may —
(a) include any provision that may be included in a local planning scheme;
(b) include provisions in relation to the payment of redevelopment and associated costs ( costs contributions ) by owners of land in the redevelopment area, including, but not limited to, providing for —
(i) the criteria for requiring costs contributions;
(ii) the payment, recovery and waiver of costs contributions;
(iii) the Authority to determine the following —
(I) costs contribution areas in the redevelopment area;
(II) the purposes for which costs contributions are required;
(III) who is liable to pay costs contributions;
(IV) the criteria for estimating the amount of costs contributions;
(V) interest rates payable in respect of costs contributions;
(iv) the Minister to approve determinations of the Authority in respect of costs contributions;
(v) review of determinations of the Authority in respect of costs contributions;
(c) provide that contravention of a provision of the scheme is an offence and prescribe a penalty not exceeding a fine of $50 000, with or without a daily penalty not exceeding $5 000, in respect of the offence.