Common use of New Laws Clause in Contracts

New Laws. If a Law is changed or a new Law comes into force (both referred to as New Law) and the Developer is obliged by the New Law to: (1) do something (including paying any money) which it is already contractually obliged to do under this deed then, only to the extent that the relevant obligation is required under both the New Law and this deed, compliance with the New Law will constitute compliance with the relevant obligation under this deed and vice versa; or (2) contribute a further material public benefit not contemplated in this deed, any environmental planning instrument or any development control plan applying to the Development as at the date of this deed, the relevant Developer may require that the provisions of this deed, and the Development Contributions to be made under it, be taken into account in the assessment of that further contribution.

Appears in 3 contracts

Sources: Planning Agreement, Planning Agreement, Planning Agreement