Victorian Numbered Acts

MELBOURNE STRATEGIC ASSESSMENT (ENVIRONMENT MITIGATION LEVY) ACT 2020 (NO. 1 OF 2020) - SECT 37

    (1)     A land transfer agreement must include the following matters—

        (a)     a description of any land to be transferred under the agreement;

        (b)     the date by which the agreement must be performed (an agreement completion date );

        (c)     the agreed value of the land to be transferred under the agreement;

        (d)     the agreed amount of the levy to be met under the agreement;

        (e)     any other matters that the Secretary considers appropriate.

    (2)     An agreement completion date may be a date after the period of time within which the liable person must pay the levy under section 24 if not for the agreement.

    (3)     A land transfer agreement may include provisions setting out the circumstances in which the agreement is terminated.