Australian Capital Territory Numbered Regulations

PLANNING (GENERAL) REGULATION 2023 (NO 20 OF 2023) - REG 86

The territory planning authority may pay an amount mentioned in section 85 if—

        (a)     the application for payment is made by the lessee—

              (i)     before the period for the lease's building and development provision has ended; or

              (ii)     because the lease has been terminated; and

        (b)     the territory planning authority is satisfied that it is not appropriate to approve a transfer of the lease under the Act

, section 371 or section 372; and

        (c)     all outstanding amounts payable to the Territory in relation to the lease (including rates, land tax, stamp duty and land rent) have been paid; and

        (d)     all amounts incurred by the Territory in relation to the surrender or termination of the lease have been paid.

Division 14.2     Payment of amount on surrender of leases—LAIE buyback program