What is a section 106 scheme?

What is a section 106 scheme?

A Section 106 is a legal agreement between an applicant seeking planning permission and the local planning authority, which is used to mitigate the impact of your new home on the local community and infrastructure.

What are s106 conditions?

A s106 obligation can: restrict the development or use of the land in any specified way. require specified operations or activities to be carried out in, on, under or over the land. require the land to be used in any specified way; or.

Where can I find my s106 agreement?

Section 106 Agreements: These are available to view via Public Access. They can be found by searching on the associated planning reference of a development.

What can s106 monies be spent on?

Section 106 agreements are negotiated between a developer and council to help make new home schemes more attractive to communities. It can be used to help fund affordable housing as well as roads, parks and youth services.

How do I discharge my S106 agreement?

The agreement can be modified or discharged either by agreement with the ‘appropriate authority’ (i.e the local authority) (if the planning obligation is less than 5 years old) or by applying to the enforcing local authority after 5 years from the planning obligation being set out (or if it predates April 2010).

What can S106 monies be spent on?

How long is a Section 52 valid for?

two years
The Section 52 Statement provides a due diligence guide for a buyer/purchaser and sets out the financial performance of the business over the last two years. From 20 May 2018, the statement must also provide the financial performance for the current financial year up to the most recent quarter.

How do I discharge my s106 agreement?

How long is a section 106 agreement valid for?

five years
By Application An application for modification or discharge of s106 agreement can be made to the local planning authority after the expiry of the ‘relevant period’, and the “relevant period” is defined as five years since the beginning with the date that the s106 agreement is entered.

Can a Section 106 agreement be removed?

Can Section 106 Obligations Be Removed? Yes, but it will be resisted. LPA’s are asked to vary S106 agreements but are reluctant hence their desire not to agree in the first instance until the full detail of the scheme is known. Hence, it’s important to ‘get it right’ in the first instance.