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ARTICLE · 29 AUGUST 2025

Private Funding, Public Good: Community Improvement Districts Draft Regulation Open For Consultation

Herbert Smith Freehills Kramer LLP
Herbert Smith Freehills Kramer LLP
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Herbert Smith Freehills Kramer LLP

Herbert Smith Freehills Kramer LLP

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The NSW Government has released a draft regulation under the Community Improvement Districts Act 2025 (NSW) (CID Act), which amends the short regulations included in sch 3 to the Act.

AustraliaEnvironment

The NSW Government has released a draft regulation under the Community Improvement Districts Act 2025 (NSW) (CID Act), which amends the short regulations included in sch 3 to the Act.

The draft regulation proposes key details on how "Community Improvement Districts" (CID) contemplated will be established, run, and funded. There is significant complexity in the process.

Snapshot

  • The CID Act entered into force on 22 May 2025, aiming to facilitate private initiatives to provide services, activities or projects within CIDs. The Act lacked comprehensive regulations to operationalise it.
  • The proposed regulation complements the CID Act by outlining key aspects of how a CID will be established, operated, and funded.

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