Part 8
Regulatory, enforcement, and coercive powers of local
authorities
Development contributions:
Refund of development contributions
210Refund of money or return of land if not applied to specified reserve purposes
If a development contribution has been required for a specified reserve purpose, a territorial authority must—
- refund money received for that purpose, if the money is
not applied to that purpose within 10 years after the
authority receives the money or other period specified in
the development contribution policy; or
- return land acquired for the specified reserve purpose,
if the authority does not use the land for that purpose
within 10 years after the authority acquires the land or
other period agreed by the territorial authority and the
person who paid the development contribution.
A territorial authority may retain part of the money or land referred to in subsection (1) of a value equivalent to the costs of the authority in refunding the money or returning the land.