333Non-standard chargeable variations—improvements

333 Non-standard chargeable variations—improvements (1) In working out V1 and V2 under section 332, an improvement in relation to the land described in the lease must not be taken into account. (2) However, an existing improvement by way of clearing, filling, grading, draining, levelling or excavating the land may be taken into account. improvement, in relation to land, means an existing or proposed improvement and includes any of the following: (a) a building or other structure on or under the land; (b) an alteration or demolition of an existing building or other structure on or under the land; (c) the remediation of the land; (d) earthworks, planting or other work that affects the landscape of (e) anything mentioned in paragraphs (a) to (d) that is required— (i) as a condition of a development approval; or (ii) by a statutory approval obtained or required for a development proposal; or (iii) under an agreement between the Territory or a territory entity and— (A) the lessee; or (B) if the lessee is not the applicant for the development approval—the applicant;

(f) anything mentioned in paragraphs (a) to (d) proposed in a development application in relation to a chargeable variation of a nominal rent lease to be undertaken on land outside of the land under the lease. remediation—see the Environment Protection Act 1997, dictionary.