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The new Community Infrastructure Levy Regulations come into force on 6 April 2010. At a time of political uncertainty - and limited development activity - there is some uncertainty around what the impact will be on the development market and what it means to developers in practical terms.
To help provide some clarity, we have put together a brief FAQ that addresses some of the main concerns. This includes the impact on existing developments or permissions, likely cost implications, the relationship with S106 Agreements and what might happen should there be a change of government.
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