Deficit Reduction and Budgetary Expenditure Limitation Law (Amendment No. 30) Bill

What does the bill do?

The bill covers several areas: streamlining planning and construction procedures by adding a new mechanism for approving land consolidation and subdivision by consent under the authority of the licensing authority; expanding the powers of planning committees for national outline plans and national infrastructure; and provisions for changing land designation to residential and commercial use under certain conditions. The bill also changes laws concerning ministries, local authorities and various public bodies, with the aim of increasing economic growth, employment, productivity and market competition, increasing the housing supply, lowering the cost of living and implementing budget targets.