New South Wales Consolidated Regulations(1) The maximum percentage of the proposed cost of carrying out development that may be imposed by a levy under section 94A of the Act is:(a) in the case of development other than development specified in paragraph (b):(i) if the proposed cost of carrying out the development is up to and including $100,000-nil, or(ii) if the proposed cost of carrying out the development is more than $100,000 and up to and including $200,000-0.5 per cent of that cost, or(iii) if the proposed cost of carrying out the development is more than $200,000-1 per cent of that cost, or(b) in the case of development on land specified in the Table to this paragraph-the percentage specified in Column 2 of the Table opposite the relevant proposed cost of carrying out the development listed in Column 1 of the Table.Table
Column 1 Column 2 Proposed cost of carrying out the development Maximum percentage of the levy Land within the Neighbourhood Centre, Commercial Core, Mixed Use or Enterprise Corridor zone under Less than $1,000,000 Nil $1,000,000 or more 3 per cent Land within the High Density Residential or Light Industrial zone under Less than $1,000,000 Nil $1,000,000 or more 2 per cent Land within the Commercial Core zone under Up to and including $250,000 Nil More than $250,000 2 per cent Land identified on the Land Application Map under the Up to and including $250,000 Nil More than $250,000 4 per cent Land identified on the Land Application Map under Up to and including $250,000 Nil More than $250,000 3 per cent Land identified on the Land Application Map under Up to and including $100,000 Nil More than $100,000, up to and including $200,000 0.5 per cent More than $200,000, up to and including $250,000 1 per cent More than $250,000 3 per cent
(2) This clause is subject to any direction given by the Minister under section 94E (1) (d) of the Act.