Betterment Charge definition

Betterment Charge means a charge levied by the Technical approving authority for ensuring off site services and amenities to the area;
View Source
Betterment Charge means the charge prescribed in respect of an increase in the value of land resulting from the execution of a scheme ;
View Source
Betterment Charge means the charge specified by Section 70 in respect of an increase in the value of land resulting from the execution of an improvement scheme;
View Source

Examples of Betterment Charge in a sentence

  • The Lessee hereby acknowledges and confirms that with the coming into force of the Land Betterment Charge Act 2021 on 1 August 2022, references to “differential premium” in the Principal Agreement shall with effect from 1 August 2022 be deemed to refer to the Land Betterment Charge instead.

  • If the developer chooses not to implement the offsetting measures, the Wastewater Betterment Charge By-law shall be adhered to.