Australian Capital Territory Numbered Regulations

PLANNING AND DEVELOPMENT (LEASE VARIATION CHARGES) AMENDMENT REGULATION 2011 (NO 1) (NO 22 OF 2011) - REG 5

in division 5.5.3, insert

179     Meaning of added value —div 5.5.3

    (1)     In this division:

"added value", for the variation of a nominal rent lease, means the amount worked out as follows:

V ₁ – V ₂

    (2)     In this section:

V ₁ —see the Act, section 277 (2).

V ₂ —see the Act, section 277 (2).