Melbourne Strategic Assessment (Environment Mitigation Levy) Act 2020

A land transfer agreement must include the following matters—

a description of any land to be transferred under the agreement;

the date by which the agreement must be performed (an agreement completion date);

the agreed value of the land to be transferred under the agreement;

the agreed amount of the levy to be met under the agreement;

any other matters that the Secretary considers appropriate.

An agreement completion date may be a date after the period of time within which the liable person must pay the levy under section 24 if not for the agreement.

A land transfer agreement may include provisions setting out the circumstances in which the agreement is terminated.