Developers to pay PGS or risk stop notices

Jan. 27, 2006
The Treasury has warned that “stop notices” could be issued if developers do not pay the proposed planning gain supplement (PGS). Speaking at housebuilder media’s PPS3 and PGS conference Jeremy Pocklington of the Treasury said: “Payment will be at the commencement date. We will monitor it and can issue development stop notices if the PGS is not paid, but we …

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