New Definition for Development Baseline

The revised definition of 'Dev Baseline' will take effect from 1 Jan 08, where the value of an approved development will be its dev baseline, above which DC (Dev Charge) will be payable. No longer can historical baseline values in MP1958 and MP1980 be used; which saw some landowners need not have to pay DC due to high historical baselines. But for those landowners who have not carried out development on their land yet, the govt has 'safeguarded' the historical baseline up to the use and intensity allowed in MP2003.

* URA-Revised , URA-Baseline Guide *