Melbourne Strategic Assessment (Environment Mitigation Levy) Act 2020
37Matters to be included in a land transfer agreement
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37 Matters to be included in a land transfer agreement
(1) A land transfer agreement must include the following matters—
(a) a description of any land to be transferred under the agreement;
(b) the date by which the agreement must be performed (an agreement completion date);
(c) the agreed value of the land to be transferred under the agreement;
(d) the agreed amount of the levy to be met under the agreement;
(e) any other matters that the Secretary considers appropriate.
(2) An agreement completion date may be a date after the period of time within which the liable person must pay the levy under section 24 if not for the agreement.
(3) A land transfer agreement may include provisions setting out the circumstances in which the agreement is terminated.