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PLANNING ACT 2016 - SECT 112
Regulation prescribing charges
112 Regulation prescribing charges
(1) A regulation may prescribe a maximum amount (the
"prescribed amount" ) for each adopted charge— (a) under this chapter for
providing trunk infrastructure in relation to development; or
(b) under the
SEQ Water Act in relation to providing trunk infrastructure.
(2) A
"maximum adopted charge" , for a financial year, for trunk infrastructure,
is— (a) for the 2017–2018 financial year—the prescribed amount for an
adopted charge for the infrastructure; or
(b) otherwise—the sum of— (i)
the prescribed amount for an adopted charge for the infrastructure in force at
the start of the financial year; and
(ii) an amount equal to the amount
mentioned in subparagraph (i) multiplied by the sum of the
percentage increases for each financial quarter since the amount was last
prescribed or amended.
(3) The regulation may also prescribe— (a) the
charges breakup; and
(b) development for which there may be an adopted charge
under this chapter or land uses for which there may be an adopted charge under
the SEQ Water Act for trunk infrastructure.
(4) In this section—
"percentage increase" means the 3-yearly moving average quarterly
percentage increase in the PPI.
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