PART 3Development management
Planning obligations
I134Planning obligations: financial agreements
1
The Town and Country Planning (Scotland) Act 1997 is amended as follows.
2
In section 75 (planning obligations)—
a
in subsection (1), for the words from “an obligation” to the end substitute “
a planning obligation.
”
,
b
after subsection (1), insert—
1A
For the purpose of this section and sections 75A to 75C, a planning obligation is an obligation which does any of the following—
a
restricts or regulates the development or use of land,
b
requires the payment—
i
of a specified amount or an amount determined in accordance with the relevant instrument, or
ii
of periodical sums either indefinitely or for such period as is specified in the relevant instrument.
c
in subsection (2), for “subsection (1), the reference in that subsection” substitute “
paragraph (a) of subsection (1A), the reference in that paragraph
”
,
d
in subsection (3)—
i
after paragraph (a), insert—
aa
impose a restriction or requirement either permanently or during such period as is specified in the relevant instrument,
ii
paragraph (b) is repealed,
e
in subsection (5)(a), for “(2) or (3)(b)” substitute “
(1A)(b) or (2)
”
,
f
after subsection 12, insert—
13
In this section and in sections 75A to 75C, “relevant instrument” means the instrument by which a planning obligation is entered into.
3
In section 75C (planning obligations: continuing liability of former owner etc.), in subsection (3), for “(2) or (3)(b)” substitute “
(1A)(b) or (2)
”
.