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Planning Gain - Infrastructure Levy |
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The Planning Bill contains provisions for a new Community Infrastructure
Levy. According to the government, the aim is to ‘ensure that the costs
incurred in providing infrastructure to support the development of an
area can be funded... by owners of land the value of which increases due
to the permission for the development’.
It will be remembered that the government abandoned plans to impose
a Planning Gain Supplement, which was basically a charge based on the
increase in value following planning consent. Accordingly, many
commentators take the view that the new CIL could be Planning Gain in
disguise, since calculating a charge by reference to an increase in the
value of land as a result of planning consent is exactly what was
proposed under Planning Gain. In short, Planning Gain may not be dead
– it may be re-emerging in the form of CIL. Source: Macfarlanes. © Practical Lawyer
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April 2008 |
