Application to defer payment of lease variation charges
342 Application to defer payment of lease variation charges
An applicant for a development application for a chargeable variation of a nominal rent lease may apply to the commissioner for revenue to defer the time for payment of the lease variation charge payable under section 328 in relation to the charge.
Note Unless payment of the lease variation charge is deferred, it must be paid before the territory planning authority executes the chargeable variation (see s 328).
The applicant must give the commissioner for revenue any information the commissioner considers necessary to decide the application.
If the applicant for the development application is not the lessee, the lessee—
may apply for the deferral instead of the applicant; or
must sign the deferral application.
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