Common use of Community Infrastructure Levy Clause in Contracts

Community Infrastructure Levy. 20.1. If after the date of this Agreement there shall be enacted any “tax” related to the grant of planning permission (whether the community infrastructure levy or otherwise) and the terms of such tax mean that any obligations under this Agreement or under any condition attached to the Order change or that the Owners must pay a sum to any person (whether HM Government or to WBC or otherwise) which would duplicate, add to or overlap with any obligation of a party under this Agreement then the parties agree that the terms of this Agreement may at the election of the party affected be modified to such extent (if any) as is necessary to provide terms which are financially and practically no less advantageous and no more onerous than the terms of this Agreement as at the date that they are entered into.