(1) After section 71(1)
insert
(1A) The owner's contribution for infrastructure or car parking in the plan:
(a) is calculated as part or all of the total cost of the infrastructure or car parking; and
(b) is proportional to the anticipated future use of the infrastructure or car parking attributable to the development of the land.
Note for subsection (1A)(a)
The total cost would include all costs, whether incurred before or after the contribution plan is made.
(1B) For subsection (1A)(a), the total cost of infrastructure or car parking in the plan must be calculated by reference to the most appropriate and cost-effective form of construction.
(2) Section 71(2)(b)
omit
service
insert
local
(3) Section 71(2)(c)
omit
between the service authority and
insert
with
(4) Section 71(3), before "service"
insert
local authority or
(5) Section 71(8) and (9)
omit, insert
(8) The amount of any money spent by an owner of land in constructing infrastructure required under this Part is to be set-off against the contribution payable by the owner under this Part, but is not to exceed the amount of the contribution payable.