Page 2547 - Week 06 - Thursday, 23 June 2011
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(ba) for each lease variation charge for a s 277 chargeable variation of a nominal rent lease—the amounts represented by V1 and V2 in section 277 for the charge;
(bb) for each remission of an amount of a lease variation charge for a chargeable variation of a nominal rent lease under section 278 to section 278E—
(i) a description of the chargeable variation; and
(ii) the lease variation charge; and
(iii) the amount of the lease variation charge remitted;
2
Clause 10
Proposed new section 276, proposed new definition of gross floor area
Page 5, line 14—
insert
gross floor area—see the territory plan (13 Definitions).
3
Clause 10
Proposed new section 276, definition of prescribed chargeable variation
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omit
4
Clause 10
Proposed new section 276, definition of s 277 chargeable variation
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omit the definition, substitute
s 276D chargeable variation—see section 276AA.
s 277 chargeable variation—see section 276AA.
5
Clause 10
Proposed new section 276AA
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insert
276AA Meaning of s 276D chargeable variation and s 277 chargeable variation—div 9.6.3
(1) In this division:
s 276D chargeable variation, of a nominal rent lease, means a chargeable variation that is 1 of the following:
(a) if a development application relates to the chargeable variation of only 1 residential lease—a variation to increase the number of dwellings permitted on the land under the lease;
Example
a variation of a nominal rent lease to increase the maximum number of 20 residential units permitted on the land under the lease to 40 units
Note An example is part of the Act, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act, s 126 and s 132).
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