1 Short title This regulation may be cited as the Economic Development Amendment Regulation (No. 2) 2016 . 2 Regulation amended This regulation amends the Economic Development Regulation 2013 . 3 Insertion of new s 5B After section 5A— insert— 5B Approval of amendment of development scheme For section 68 of the Act, the amendment mentioned in schedule 5, column 2 is approved for the development scheme mentioned opposite the amendment in column 1 of that schedule. 4 Insertion of new sch 5 After schedule 4— insert— Schedule 5 Amendment of development scheme section 5B Column 1 Column 2 Development scheme Approved amendment Maroochydore City Centre Priority Development Area Development Scheme 2014 the amendment made by MEDQ on 15 March 2016