Reserve
The term reserve can have a couple of different meanings in the local government context, either;
- Land set aside for a particular purpose
- Money set aside for a particular purpose
Land is typically set aside by a state government for a given purpose, under a particular act. In Queensland the relevant act is the Land Act 1994.
Victoria
The Victorian Subdivision Act 1988 defines a reserve as "land set aside as public open space, or for the use of a public authority or the Council".
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