10HOffsets

10H Offsets (1) This section applies to a person if the person— (a) becomes liable to pay an offset amount to the Territory before 1 April 2028; and (b) is entitled, under a voluntary surrender agreement, to the deemed payment or partial payment of an offset amount; and (c) claims the entitlement under any process set out in the voluntary surrender agreement before 1 April 2028.

Expiry—pt 2A Division 2A.4 (2) The person’s offset amount is taken to be paid to the Territory as provided in the voluntary surrender agreement. (3) The total of the amounts taken to be paid to the Territory under subsection (2) for the person must not exceed the person’s entitlement under the voluntary surrender agreement. offset amount means a fee, charge or other amount that is— (a) prescribed by regulation for the purposes of this subsection; and (b) payable under any of the following Acts: (i) Building Act 2004; (ii) Community Title Act 2001; (iii) Electricity Safety Act 1971; (iv) Gas Safety Act 2000; (v) Planning Act 2023; (vi) Unit Titles Act 2001; (vii) Water and Sewerage Act 2000; (viii) an Act prescribed by regulation for the purposes of this paragraph.