[204O Duty to pass receipts to other persons]

[204O  Duty to pass receipts to other persons]

[(1)     IL regulations may require that IL received in respect of development in an area is to be passed by the charging authority that charged the IL to a person other than that authority.

(2)     IL regulations must contain provision to secure that money passed to a person in discharge of a duty under subsection (1) is used to support the development of the area to which the duty relates, or of any part of that area, by funding—

(a)     the provision, improvement, replacement, operation or maintenance of infrastructure,

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