Local government rates
8 Local government rates
Notwithstanding the provisions of Part 6 of the Local Government Act 1995 —
the amounts payable in respect of rates imposed under that Part on the Development Area for the periods specified in clause 12 of the Agreement are to be determined in accordance with that clause; and
the Development Area is to be taken to be the land that is rateable land for the purposes of that Act.
[Section 8 amended: No. 14 of 1996 s. 4.]
Schedule — Morley Shopping Centre Redevelopment Agreement
[s. 3(1)]
[Heading amended: No. 19 of 2010 s. 4.]
THIS AGREEMENT is made the 19th day of November 1992
BETWEEN
THE STATE OF WESTERN AUSTRALIA (“the State”) and MORLEY SHOPPING CENTRE PTY LIMITED (A.C.N. 002 154 458) of 800 Toorak Road, Tooronga, Melbourne, Victoria (“MSC”) and THE COLONIAL MUTUAL LIFE ASSURANCE SOCIETY LIMITED (A.C.N. 004 405 556) of 330 Collins Street, Melbourne, Victoria (“CML”).
RECITALS
A. MSC and CML in joint venture propose to undertake the Morley Redevelopment.
B. The State for the purpose of promoting employment opportunity and development in Western Australia has agreed to assist, and at the request of the City to facilitate the City to assist, the Morley Redevelopment as set out in this Agreement.
OPERATIVE PART WHEREBY THE PARTIES AGREE as follows —
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