(1) An agreement must be under seal and binds the owner to the covenants specified in the agreement.(2) An agreement may provide for any one or more of the following matters:(a) the prohibition, restriction or regulation of use or development;(b) the conditions subject to which a use or development may be undertaken;(c) any matter intended to achieve or advance (i) the objectives listed in Schedule 1 ; or(ii) any State Policy or draft State Policy upon which a report has been submitted to the Minister in accordance with section 11 (1) of the State Policies and Projects Act 1993 ; or(iii) the objectives of the planning scheme, the SPPs or an LPS, a draft of the SPPs or LPS which has been publicly exhibited under this Act or any amendment of the SPPs or LPS which has been publicly exhibited under this Act;(d) any matter incidental to any one or more of the matters referred to in paragraphs (a) to (c) .