Queensland Numbered Acts

PLANNING ACT 2016 - SECT 111

111 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, is the sum of—

(a) the prescribed amount at the start of the financial year; and

(b) an amount equal to the prescribed amount multiplied by the sum of the percentage increases for each financial quarter since the prescribed 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.