Victorian Current Acts

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BUILDING ACT 1993 - SECT 163

Agreements

An agreement required to be entered into by a determination under section 162

        (a)     must be in writing under seal; and

        (b)     if its terms are not specified in the determination—

              (i)     must provide that the owner agrees to be bound by the covenants in the agreement; and

              (ii)     may prohibit, restrict or regulate the use or development of land or a building or any matter or thing related to that land or building; and

              (iii)     may provide that the agreement lapses at the end of a specified period, on the happening of a specified event, or when the land ceases to be used or developed for a specified purpose; and

              (iv)     is subject to the provisions of this Act concerning termination and variation of agreements; and

        (c)     may apply to land even though it was not the subject of the application for the determination.



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