Public purpose of the Development Contributions and Development Deliverable Sample Clauses

Public purpose of the Development Contributions and Development Deliverable. (a) Each Development Contribution and Development Deliverable must be used for or applied towards the relevant public purpose set out in Column 3 of the Table and clause 4.7(d). (b) Despite clause 4.2(a) and 4.7(d), the Council may apply a Development Contribution paid or Development Deliverable provided under this Agreement towards a public purpose other than the relevant public purpose set out in Column 3 of the Table if: (i) at least five years has elapsed since the Defect Liability Period for the relevant Development Deliverable ended; and (ii) the Council reasonably considers that the public interest would be better served by applying the Development Contribution or Development Deliverable towards that other purpose. (c) This clause 4.2 has effect after the termination of this Agreement.