20Matters to be included in development contracts—the Act, ss 46(4)(e) and 115(2)(a)

20 Matters to be included in development contracts—the Act, ss 46(4)(e) and 115(2)(a)

20 Matters to be included in development contracts—the Act, ss 46(4)(e) and 115(2)(a)

(1) A development contract must include each of the following matters—

(a) a description of the buildings, services, facilities or infrastructure proposed to be built, installed or provided on association property,

(b) details of easements proposed to be created benefiting or burdening association property,

(c) details of restrictions on the use of land, or positive covenants, proposed to be created benefiting or burdening association property,

(d) if land is proposed to be added to the scheme—whether the land is to be added as a development lot or neighbourhood lot or association property.

(2) Authorised proposals and warranted development should be listed and dealt with separately in the development contract.

(3) The concept plan required to be included in the development contract must relate to the authorised proposals and warranted development.