PART 8ADMINISTRATION

Payment periods70

1

This regulation applies where—

a

a person has assumed liability to pay CIL in respect of a chargeable development (D);

b

the collecting authority has received a commencement notice in respect of D; and

c

the collecting authority has not determined a deemed commencement date for D.

2

Where the chargeable amount is equal to or greater than £40,000, payment of the amount of CIL payable in respect of D (A) is due in four equal instalments at the end of the periods of 60, 120, 180 and 240 days beginning with the intended commencement date of D.

3

Where the chargeable amount is equal to or greater than £20,000 and less than £40,000, payment of A is due in three equal instalments at the end of the periods of 60, 120 and 180 days beginning with the intended commencement date of D.

4

Where the chargeable amount is equal to or greater than £10,000 and less than £20,000, payment of A is due in two equal instalments at the end of the periods of 60 and 120 days beginning with the intended commencement date of D.

5

Where the chargeable amount is less than £10,000, payment of A is due in full at the end of the period of 60 days beginning with the intended commencement date of D.

6

Where an amount payable in accordance with this regulation is not received in full on or before the day on which it is due—

a

the unpaid balance of A becomes payable in full immediately; and

b

the collecting authority must send a copy of any demand notice which it serves as a result of the non-payment to each person known to the authority as an owner of the relevant land.