7. Government Return - Developer Agreements Transactions
In addition to the IFS the Government require us to publish the Developer Agreement Transactions in a specific format as below.
CIL:
- ‘secured’: the demand notice has been issued and the developer is now required to pay all or part of their CIL liability
- ‘received’: the developer has paid all or part of the money due to the local planning authority
Section 106 or 278:
- ‘secured’: the trigger clauses associated with the contribution have been met, meaning the developer is now required to pay all or part of the contribution
- ‘received’: the developer has paid all or part of the money due to the local planning authority
- ‘allocated’: the received money has been allocated to a team within the local planning authority, who will spend the money
- ‘transferred’: the received money has been transferred to an organisation outside the planning authority (for example another local authority or Transport for London), who will spend the money
- ‘spent’: the received money has been spent on the purpose specified in the section 106 or 278 agreement
- ‘returned’: the received money (or a portion of it) has been returned to the developer