Regulation 70 (7) of the Community Infrastructure Levy (Amendment) Regulations 2010 sets a default of full payment of the Levy within 60 days of the commencement of development.
The Amendment Regulations also enable a Charging Authority to set an Instalment Policy that allows payments to be spread over longer periods. Bassetlaw District Council considers that it is considered reasonable that payment instalments are scheduled in proportion to the scale of development that is proposed.
In accordance with Regulation 69b of The CIL Amendment Regulations, the Council will apply the following Instalment Policy to all development on which CIL is liable.
The Instalment Policy will come into effect on 1 June 2020 and will only apply to development commencing after this policy comes into effect, from which time the Community Infrastructure Levy will be payable by instalments as follows:
Where the chargeable amount is up to £250,000
- First instalment representing 25% of the chargeable amount will be required within 180 days of the commencement date; and
- The second instalment representing 75% of the chargeable amount will be required within 450 days of the commencement date or prior to completion of the chargeable development.
Where the chargeable amount is over £250,000
- First instalment representing 25% of the chargeable amount will be required within 180 days of the commencement date;
- Second instalment representing 25% of the chargeable amount will be required within 360 days of the commencement date;
- Third instalment representing 25% of the chargeable amount will be required within
- 540 days of the commencement date; and
- The fourth and final instalment representing 25% of the chargeable amount will be required within 720 days of the commencement date or prior to completion of the chargeable development.
Public Notice
As from the 1 April 2023 the Council will be reverting back to its standard instalment policy – and will apply to development commencing or after 1 April 2023.
Where the chargeable amount is up to £250,000
- First instalment representing 25% of the chargeable amount will be required within 90 days of the commencement date; and
- The second instalment representing 75% of the chargeable amount will be required within 270 days of the commencement date.
Where the chargeable amount is over £250,000
- First instalment representing 25% of the chargeable amount will be required within 90 days of the commencement date;
- Second instalment representing 25% of the chargeable amount will be required within 180 days of the commencement date;
- Third instalment representing 25% of the chargeable amount will be required within
- 360 days of the commencement date; and
- The fourth and final instalment representing 25% of the chargeable amount will be required within 540 days of the commencement date.
Last Updated on Wednesday, February 22, 2023
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