Victorian Current Acts

PLANNING AND ENVIRONMENT ACT 1987 - SECT 46GZA

    (1)     A development agency under an approved infrastructure contributions plan must keep proper and separate accounts and records of—

        (a)     any part of a monetary component or land equalisation amount forwarded to the development agency by the collecting agency; and

        (b)     any part of a monetary component or land equalisation amount expended by the development agency; and

        (c)     the following inner public purpose land (if any)—

              (i)     land vested as a road in the development agency under the Subdivision Act 1988 ;

              (ii)     land acquired by the development agency before the time it is required to be provided under section 46GV(4);

              (iii)     land transferred to the development agency by the collecting agency; and

        (d)     the use and development by the development agency of any inner public purpose land; and

        (e)     the acquisition and use and development by the development agency of any outer public purpose land.

S. 46GZA(2) amended by No. 9/2020 s. 390(Sch.  1 item 77.3).

    (2)     If the development agency is a municipal council, the accounts and records to be kept under subsection (1) must be kept in accordance with the Local Government Act 2020 .

S. 46GZB inserted by No. 7/2018 s. 10.