181AEnvironmental upgrade agreement

181A Environmental upgrade agreement S. 181A(1) amended by No. 9/2020 s. 363(1)(1A). (1) Subject to section 181B, the primary parties may enter into an environmental upgrade agreement in respect of rateable land with an existing building on it to fund works that improve the energy, water or environmental efficiency or sustainability of the building on that rateable land, including climate change adaptation works on the building. S. 181A(1A) inserted by No. 9/2020 s. 363(1B), amended by No. 9/2024 s. 30. (1A) For the purposes of subsection (1), ***adaptation*** and ***climate change*** have the same respective meanings as they have in section 3 of the **Climate Action Act 2017**. (2) By agreement of the primary parties to an environmental upgrade agreement, the environmental upgrade agreement may also be entered into by any other person that the primary parties consider should be a party to the environmental upgrade agreement. (3) In addition to any provisions agreed to by the primary parties and any other parties to an environmental upgrade agreement, an environmental upgrade agreement must comply with, and provide for, the matters specified in section 181D(1) to (3). S. 181B inserted by No. 39/2015 s. 4.