49Agreements that run with the land

49 Agreements that run with the land

S. 49(1) amended by No. 10/2017 s. 23(1).

(1) Development Victoria may enter into an agreement with—

(a) an owner of land in the project area; or

(b) any person in anticipation of that person becoming an owner of land in the project area—

concerning the use or development of the land.

(2) Division 2 of Part 9 of the Planning and Environment Act 1987 applies to an agreement under subsection (1) as if—

(a) it were an agreement under that Division;

S. 49(2)(b) amended by No. 10/2017 s. 24(4).

(b) it referred to Development Victoria instead of the responsible authority for the planning scheme;

S. 49(2)(c) amended by No. 10/2017 s. 18(1).

(c) section 174(2)(c) were omitted.

S. 49(2)(d) repealed by No. 10/2017 s. 18(2).

S. 49(3) inserted by No. 10/2017 s. 18(3).

(3) Development Victoria must consult with the municipal district in which the land is located before entering into an agreement under subsection (1) concerning the use or development of that land.

Pt 3 Div. 5A (Headings and ss 50–51ZS) inserted by No. 35/2006 s. 7.