Common use of FLOOR SPACE RATIO Clause in Contracts

FLOOR SPACE RATIO. The following applies to Floor Space Ratio: (a) The Floor Space Ratio (FSR) of development contained within the site must not exceed the maximum permitted FSR calculated in accordance with the Sydney Local Environmental Plan 2012. (b) Notwithstanding (a) above, the development contained within the site may be eligible for up to 10% additional floor space pursuant to the provisions of Clause 6.21D(3) of the Sydney Local Environmental Plan 2012 if the consent authority is satisfied that the subsequent Development Application for the detailed design of the building exhibits design excellence and is the result of a competitive design process.

Appears in 2 contracts

Sources: Deferred Commencement Conditions, Deferred Commencement Conditions

FLOOR SPACE RATIO. The following applies to Floor Space Ratio: (a) The Floor Space Ratio (FSR) of development contained within the site must not exceed the maximum permitted FSR calculated in accordance with the Sydney Local Environmental Plan 2012. (b) Notwithstanding (a) above, the development contained within the site may be eligible for up to 10% additional floor space pursuant to the provisions of Clause 6.21D(36.21(7) of the Sydney Local Environmental Plan 2012 if the consent authority is satisfied that the subsequent Development Application DA for the detailed design of the building exhibits design excellence and is the result of a competitive design process.

Appears in 1 contract

Sources: Deferred Commencement Conditions