What is S106 agreement?

S106, abbreviation for section 106 is a section of the town and country planning Act 1990 the United Kingdom. This section the local planning authority can an agreement with a landowner, the developers and others interested in spatial planning obligation. SignificanceSection 106 of the city and the country Act developers to an agreement with the local planning authorities within requires, where the Earth is located.Planning ObligationLandowners and developers and landowners of close planning under S106 liability local authority, the planning of the things which, built as roads - agreements must by development.FeaturesAspects S106 Highway, City Centre, education and support for things like affordable housing and public open space.ObligationLandowners and developers include financial participation in the work local planning policy should determine what your S106 planning commitment agreement address.SubmissionAll obligation must agreements must be submitted your district to and approved by the Commission before the construction planning district. Development can not to begin after the agreement has been approved.