Victorian Current Acts Victorian Current Acts(1) If an environmental upgrade agreement is terminated before all the funds that the lending body agreed to advance to the owner are advanced, a Council must—
(a) adjust the environmental upgrade charge or charges to reflect the lower amount advanced to the owner; and
(b) by written notice, advise any person liable to pay the environmental upgrade charge of the adjustment.
(2) If, as a consequence of an adjustment being made to an environmental upgrade charge under subsection (1), an owner or any occupier has made payments under the environmental upgrade charge in excess of the adjusted amount, a Council must refund the excess amount paid to the owner or occupier or the owner and the occupier (as the case requires).
S. 181G inserted by No. 39/2015 s. 4.