Economic Development Act 2012
sec.116CRequirements for authorising instrument
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sec.116C Requirements for authorising instrument
The authorising instrument for an infrastructure expenses recoupment charge must— identify— the charge area to which the charge relates; and the rateable land to which the charge applies; and the overall plan for the provision of the infrastructure to which the charge relates; and state— the amount of the charge for the residential land in the charge area; and the way the amount of the charge for the non-residential land in the charge area is worked out; and the rate, by reference to a stated index that is relevant to the estimated cost of the provision of infrastructure, by which the amount of the charge can be increased; and the intervals at which the amount of the charge can be increased. The overall plan must— describe the infrastructure to which the charge relates; and state the estimated expenses and time for the provision of the infrastructure. MEDQ may identify parcels of rateable land to which the charge applies in any way MEDQ considers appropriate. In this section— non-residential land means rateable land other than residential land. residential land means rateable land for which a residential use under a development scheme is provided. s 116C ins 2014 No. 40 s 17 (sec.116C-ssec.1) The authorising instrument for an infrastructure expenses recoupment charge must— identify— the charge area to which the charge relates; and the rateable land to which the charge applies; and the overall plan for the provision of the infrastructure to which the charge relates; and state— the amount of the charge for the residential land in the charge area; and the way the amount of the charge for the non-residential land in the charge area is worked out; and the rate, by reference to a stated index that is relevant to the estimated cost of the provision of infrastructure, by which the amount of the charge can be increased; and the intervals at which the amount of the charge can be increased. (sec.116C-ssec.2) The overall plan must— describe the infrastructure to which the charge relates; and state the estimated expenses and time for the provision of the infrastructure. (sec.116C-ssec.3) MEDQ may identify parcels of rateable land to which the charge applies in any way MEDQ considers appropriate. (sec.116C-ssec.4) In this section— non-residential land means rateable land other than residential land. residential land means rateable land for which a residential use under a development scheme is provided.
- (a) identify— (i) the charge area to which the charge relates; and (ii) the rateable land to which the charge applies; and (iii) the overall plan for the provision of the infrastructure to which the charge relates; and
- (i) the charge area to which the charge relates; and
- (ii) the rateable land to which the charge applies; and
- (iii) the overall plan for the provision of the infrastructure to which the charge relates; and