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ARTICLE · 24 APRIL 2018

Important Planning Law Changes – Are You Ready?

Dentons
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An amended and completely reorganised version of the Act commenced operation on 1 March 2018. Amongst the myriad innocuous changes were some very significant changes that developers need to prepare for...

AustraliaReal Estate and Construction
Christina Renner
Christina Renner
Jodie Wauchope
Jodie Wauchope
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Changes to Environmental Planning and Assessment Act

An amended and completely reorganised version of the Act commenced operation on 1 March 2018. Amongst the myriad innocuous changes were some very significant changes that developers need to prepare for, including:

  • Phasing out of Interim Occupation Certificates from 1 September 2018. This change applies to existing development consents, meaning that from 1 September 2018 developers can only obtain an "occupation certificate" for a completed building or part of a building. This change is likely to lead to significant delays in the realisation of returns for a developer, and may have broad ranging implications for a developer's commercial arrangements. The implications will vary from developer to developer, and it warrants a case by case consideration and risk management response.

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