Guarantee Amount Due Clause Samples

Guarantee Amount Due. Date Prior to the issue of the first Construction Certificate for the Development that relies on the LEP Amendment except where the Construction Certificate is in respect of site preparation and demolition only or relies on a Development Consent that approves demolition but no substantive construction works for the tower contemplated in the Development. The below table summarises how this document complies with the Act and Regulation. 1. Planning instrument and/or development application (section 7.4(1) of the Act) The Developer has: (a) sought a change to an environmental planning instrument; (a) Yes (b) made, or proposes to make, a Development Application; or (b) Yes (c) entered into an agreement with, or is otherwise associated with, a person, to whom paragraph (a) or (b) applies. (c) No 2. Description of land to which this document applies (section 7.4(3)(a) of the Act) Item 1 of Schedule 1. 3. Description of change to the environmental planning instrument to which this document applies and/or the development to which this document applies (section 7.4(3)(b) of the Act) The Development as described in clause 2.1. 4. The nature and extent of the provision to be made by the developer under this document, the time or times by which the provision is to be made and the manner in which the provision is to be made (section 7.4(3)(c) of the Act) Schedule 3. 5. Whether this document excludes (wholly or in part) of does not exclude the application of section 7.11, 7.12 or 7.24 to the development (section 7.4(3)(d) of the Act) Sections 7.11 and 7.12 are not excluded to the extent set out in clause 2.3. Section 7.24 not excluded 6. Applicability of section 7.11 of the Act (section 7.4(3)(e) of the Act) The application of section 7.11 of the Act is not excluded to the extent set out in clause 2.3. 7. Consideration of benefits under this document if section 7.11 applies (section 7.4(3)(e) of the Act) Benefits are not to be taken into consideration in determining a development contribution under section 7.11 of the Act