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What of Development Levy?

Development levy
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What of Development Levy?

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It is a charge paid to government over a plot of land for a particular purpose. In the FCT it is paid before the issuance of a C of O along with other bills known as initial bill. The FCT imposed the Development Levy in the year 2000 and the money is intended to be used for the provision of infrastructures, particularly in areas of the City that are yet to have such facilities.

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