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Planning Advisory Service (PAS)
Open group | Started - July 2012 | Last activity - Yesterday

USE OF CIL TO REPAY LOANS

REBECCA STADDON, modified 9 Years ago.

USE OF CIL TO REPAY LOANS

Advocate Posts: 103 Join Date: 05/09/13 Recent Posts

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, modified 9 Years ago.

RE: USE OF CIL TO REPAY LOANS

Rebecca

 

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