USE OF CIL TO REPAY LOANS

Planning Advisory Service (PAS)

Ouvert | En cours - juillet 2012 | Dernière modification - Cette semaine

REBECCA STADDON, modifié il y a 8 années.

USE OF CIL TO REPAY LOANS

Advocate Publications: 103 Date d'inscription: 05/09/13 Publications Récentes

Hi,

I have been asked by a Parish Council whether they are allowed to use their CIL Meaningful Proportion payments to repay loans specifically taken out to fund infrastructure in the parish.

Regulation 60 only appears to relate to Charging Authoritys.

Please can anyone advise?

Many Thanks

Rebecca

Former Member, modifié il y a 8 années.

We have given thought to this point. Our solicitors view is that it is not possible, currently, to use CIL to pay borrowing costs on loans, but it is possible to use CIL to repay an infrastructure loan that has been taken out by a body that isn’t a charging authority i.e. a parish council

Hope this assists

Alison

community infrastructure levy

USE OF CIL TO REPAY LOANS - Public forum - Planning Advisory Service (PAS)