Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Massive Progress on DC Legislation

Massive Progress on DC Legislation


Property Council is delighted with the Government’s progress on changing the way development contributions are charged.

Parliament has concluded its third reading of the Local Government Act 2002 Amendment Bill (No 3), which sets out key reforms to DCs legislation and the regime.

The bill will most likely become law this week.

This is a massive leap forward, and Property Council congratulates the Government in setting out a framework for fairer, and more transparent development contribution charges.

Property Council chief executive, Connal Townsend says no doubt there will still be challenges as legislation can often be limited.

“It will still come down to councils to ensure they comply with the new rules, in particular the principles provisions, which set out the basis for imposing any charges.”

“We will continue to work with Central Government and local councils to ensure the legislation is interpreted correctly and results in more equitable charging arrangements going forward.”

National guidance and strong leadership in the objections process is key to progress in this respect.

Important changes under the legislation include:

Introducing a new purpose and principles provisions setting out the basis for development contribution charges

Clarifying and narrowing the range of infrastructure that can be financed by development contributions

Improving the transparency of territorial authorities policies, including requiring reporting on projects being funded by development contributions

Encouraging greater private provision of infrastructure through the use of development agreements

Restrictions on requiring development contributions for reserves

Introducing an objections process, where decisions are made by independent decision makers

END.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Court Ruling: Kiwifruit NZ Ordered To Consider Collaborative Marketing Proposals

The High Court has told kiwifruit marketer Zespri to reconsider collaborative marketing proposals from Splice Fruit and Seeka Kiwifruit to sell fruit offshore that its board had previously rejected. More>>

ALSO:

Electric Vehicles: No Road User Charges Feature In Govt Package

Drivers of electric vehicles won't have to pay road user charges and will be allowed to drive in bus lanes as part of a new government plan to double EV numbers annually to a target 64,000 by 2021. More>>

ALSO:

Pre-Budget: Computer Emergency Response Team, Assemble!

John Key told the country's first ever Cyber Security Summit in Auckland that the government had earmarked funding set up a national Computer Emergency Response Team to help prevent and act on cyber incidents in partnership with the private sector and other organisations. More>>

ALSO:

Job Cutter Goes: Mark Weldon To Step Down As MediaWorks CEO

“When I joined MediaWorks in August 2014, I had a mandate to lead a significant change programme to bring the business back from receivership into a position where it could once again be a strong competitor in the market, with a sound and sustainable future. It was a big brief, laden with inherent challenges, but I took it in good faith and have dedicated myself fully to the goal since." More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news