"The specific introduction of local finance considerations by primary legislation is likely to bring with it unintended and unnecessary consequences" says Nicky Linihan of POS to Planning magazine.
The POS fully supports the principle that development proposals should make a greater contribution to their infrastructure impacts and that communities should rightly see direct financial contributions from new homes that can bring benefits to their areas. However, decisions on individual development proposals should be based principally on the planning and related merits (or otherwise) of the development proposal and the extent to which they contribute to sustainable development - not that the proposal brings with it a particular sum of money.
"For this reason the POS has very significant concerns relating to proposals to elevate the material status of finance considerations within primary legislation. The extent to which financial considerations are treated as material should be a matter for decision-makers on individual proposals within the context of 'any other material considerations (clause (c)). Clause (b) should not be taken forward" commented Linihan.
Nicky Linihan, Convenor of the Society's Housing, Regeneration & Economic Development Topic Forum