Australian Capital Territory Numbered Acts

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PLANNING AND DEVELOPMENT (LEASE VARIATION CHARGE DEFERRED PAYMENT SCHEME) AMENDMENT ACT 2018 (NO. 16 OF 2018) - SECT 13

Chargeable variation of nominal rent lease—lease variation charge
Section 276B (1), except note

substitute

    (1)     The planning and land authority must not execute a chargeable variation of a nominal rent lease unless—

        (a)     the lease variation charge for the variation, less any remission under section 278, plus any increase under section 279 (the total charge ) has been paid to the Territory; or

        (b)     a deferral arrangement in relation to the total charge has been entered into.


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