S.L. 573.17 Art. 7Fees for sites exceeding one thousand and five hundred metres squared (1,500m2 5

(1) The value for the revocation of a condition in relation to sites with a footprint in excess of the one thousand and five hundred metres squared (1,500m2) shall be established by a Perit

). appointed by the Authority, which estimate shall be carried out in accordance with article 79 of the Act:

Provided that the valuation shall reflect the freehold value of the land on the date of the application, with all its potential development according to the planning plans and policies in force, and in any case no regard shall be had to any building, development or other improvement already developed or made thereon by the owner or the emphyteuta:

Provided further that all valuation related costs shall be calculated in accordance with article 79(5) of the Act and shall be borne by the applicant.

(2) The amount payable by the applicant for the removal of a condition of minor importance as determined by the Authority shall be equivalent to two point five percent (2.5%) of the value determined in accordance with sub-regulation (1) provided that it may never be less than twelve thousand and five hundred euro (€12,500).

(3) The amount payable by the applicant for the removal of a condition of medium level of importance as determined by the Authority shall be equivalent to five percent (5%) of the value determined in accordance with sub-regulation (1), provided that it may never be less than twenty five thousand euro (€25,000).

(4) The amount payable by the applicant for the removal of a condition of a major level of importance as determined by the Authority shall be equivalent to ten percent (10%) of the value determined in sub-regulation (1), provided that it may never be less TRANSFERRED BY THE GOVERNMENT, THE LANDS AUTHORITY OR ECCLESIASTICAL ENTITIES BY MEANS

OF A SALE OR EMPHYTEUSIS

than fifty thousand euro (€50,000).