Amendment status not verified — confirm the current text below against the official source.
Contribution towards costs of scheme: (1) The costs of the scheme shall be met wholly or in part by a contribution to be levied by the Authority on each plot included in the final scheme calculated in proportion to the increment which is estimated to accrue in respect of such plot by the Planning Officer: Provided that,- (a) where the cost of the scheme,- (i) does not exceed half of the increment, the cost shall be met wholly by a contribution, and (ii) exceeds half of the increment, to the extent of half of the increment it shall be met by a contribution and the excess shall be borne by the Authority; (b) where a plot is subject to a mortgage with possession or to a lease, the Planning Officer shall determine in 73 what proportion the mortgage or lessee on the one hand and the mortgagor or lessor on the other hand shall pay such contribution; (c) no such contribution shall be levied on a plot used, allotted or reserved for a public purpose or for the purpose of the Authority which is solely beneficial to the owners of land or residents within the area of the scheme; and (d) the contribution levied on a plot used, allotted or reserved for a public purpose or for the purpose of the Authority which is beneficial partly to the owners of land or residents within the area of the scheme and partly to the general public shall be calculated in proportion to the benefit estimated to accrue to the general public from such use, allotment or reservation. (2) The owner of each plot included in the final scheme shall be primarily liable for the payment of the contribution to be levied in respect of such plot.