Common use of Community Infrastructure Levy Clause in Contracts

Community Infrastructure Levy. 16.1 If after the date of this Deed any tax, levy, tariff, charge or similar relating to the grant of planning permission or development consent order is enacted or brought into force (either the Community Infrastructure Levy or otherwise) and the terms of the law as enacted means that such tax, levy, tariff, charge or similar applies to the Wylfa Newydd DCO Project so that additional financial payments may be required in respect of the Wylfa Newydd DCO Project then (only if and to the extent that the law as enacted permits the Council to do so) the Council and Developer agree that they will consult with each other as to the effect of the tax, levy, tariff, charge or similar. 16.2 In consulting with each other under paragraph [16.1] the Parties will discuss whether it would be appropriate reasonable and financially viable to impose any additional financial burden on the Wylfa Newydd DCO Project(whether to the limit of the law or (if permitted) in some lesser sum) and whether it would be appropriate to modify this Deed in consequence of any such tax, levy, tariff, charge or similar and in discussing the matter the Council and Developer will take into consideration that the Council and Developer agree and acknowledge that the planning obligations in this Deed appropriately mitigate the effects of the Wylfa Newydd DCO Project and that BOTH Parties wish to see the Wylfa Newydd DCO Project completed AND that the Wylfa Newydd DCO Project is an important regenerative development which brings with it many economic benefits and that it would be inappropriate if some or all of these

Community Infrastructure Levy. 16.1 If after the date of this Deed any tax, levy, tariff, charge or similar relating to the grant of planning permission or development consent order is enacted or brought into force (either the Community Infrastructure Levy or otherwise) and the terms of the law as enacted means that such tax, levy, tariff, charge or similar applies to the Wylfa Newydd DCO Project so that additional financial payments may be required in respect of the Wylfa Newydd DCO Project then (only if and to the extent that the law as enacted permits the Council to do so) the Council and Developer agree that they will consult with each other as to the effect of the tax, levy, tariff, charge or similar. 16.2 In consulting with each other under paragraph [16.1] the Parties will discuss whether it would be appropriate reasonable and financially viable to impose any additional financial burden on the Wylfa Newydd DCO Project(whether to the limit of the law or (if permitted) in some lesser sum) and whether it would be appropriate to modify this Deed in consequence of any such tax, levy, tariff, charge or similar and in discussing the matter the Council and Developer will take into consideration that the Council and Developer agree and acknowledge that the planning obligations in this Deed appropriately mitigate the effects of the Wylfa Newydd DCO Project and that BOTH Parties wish to see the Wylfa Newydd DCO Project completed AND that the Wylfa Newydd DCO Project is an important regenerative development which brings with it many economic benefits and that it would be inappropriate if some or all of thesethese benefits were prevented from coming forward as a consequence of the financial burden of additional contributions.