Clifford Chance

Clifford Chance Comment: The Community Infrastructure Levy begins to bite – Issues of concern and implications for transactions

9 December 2011

After lengthy preparation and many changes of tack by successive governments, the Community Infrastructure Levy (or CIL) has finally come into effect in the first local authority area. Newark & Sherwood DC's CIL came into force on 1 December 2011 and a number of other authorities are preparing to implement their own CIL in the next few months. Developers will gradually need to become familiar with CIL as a major component of the development process. It is also increasingly likely that developers and investors will start to come across CIL in their real estate transactions and they need to be aware of the implications. This briefing looks at how CIL works and some of the implications for transactions.

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