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Obligation to prepare strategy relating to economic development
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45. (1) A planning authority shall prepare a strategy for the appropriate economic development of the functional area of the planning authority, having regard to the proper planning and sustainable development of the area.
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(2) The strategy referred to in subsection (1) shall set out objectives relating to:
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(a) the promotion of sustainable economic development, employment generation and retail provision;
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(b) the location of employment-related, industrial and commercial development, having regard to—
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(i) economic and employment trends, and
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(ii) the promotion of sustainable transport;
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(c) enabling conditions for creating and sustaining jobs;
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(d) the location of retail development, having regard to sustainable transport and the vibrancy of town centres;
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(e) identifying the attributes of particular places within the functional area that are essential to enhancing economic performance, including the quality of the environment, cities, towns and rural areas, the physical infrastructure, and the social, community and cultural facilities;
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(f) such other matters as may be prescribed.
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