Leon Perera on Land Betterment Charge Bill

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Leon Perera on Land Betterment Charge Bill

(Updated: )

One aim of a Land Betterment Charge is to return a portion of economic benefits from land development to the community. MP Leon Perera asked how this will be done; for example, would the funds collected be earmarked for infrastructure works? In Parliament on Monday (May 10), he also asked what kinds of developments would be eligible for concessionary relief and how the quantum would be determined. He also wanted to know if relief could be granted on grounds of public interest other than environmental sustainability as stated in the Bill - such as for conservation of heritage and arts spaces.

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