Fees & Security Bonds
(valid until June 2021)
Residential Works (including the construction of up to two (2) new dwellings on a site)
Permit Fee $ 256.00
Security Bond $1,000.00 *
Commercial Works (including the construction of three (3) or more new dwellings on a site, apartments, large-scale developments, retail developments, etc )
Permit Fee $ 489.50
Security Bond $2,000.00 *
** Security bonds listed are minimum bonds. An Asset Protection Officer may determine that the proposed works are of a high risk to public land/assets and may apply a bond in excess of the minimum specified.
How to Reclaim Asset Protection Permit Bond
Council must be in receipt of an Occupancy Certificate and/or Certificate of Final Inspection for building works before a Post Build inspection or refund of the Asset Protection permit security bond will occur.
Certificates may be emailed to Council at mail@yarraranges.vic.gov.au (perhaps autofill the email Subject with ‘Occupancy Certificate/Certificate of Final Inspection’).
Upon receipt of an Occupancy Certificate and/or Certificate of Final Inspection an Asset Protection Officer will schedule a ‘Post Build’ inspection. Please allow 10 working days for a Post Build inspection to be conducted.
If the Post Build inspection reveals that no damage has occurred as a result of building works, an Asset Protection Officer will request that the security bond be released, after which the asset protection permit holder (i.e. bond payee) will receive an email and/or phone call from Council’s Finance team requesting that banking details be provided so that the security bond can be refunded directly to the bank account of the bond payee via Electronic Funds Transfer (EFT).
If the Post Build inspection reveals that damage has occurred, an Asset Protection Officer will send the asset protection permit holder a letter outlining the works required to be undertaken in order to reinstate the damaged land and/or assets.
Once reinstatement works have been completed to the satisfaction of Council, the security bond will be refunded.
Should you fail to undertake and/or otherwise fail complete reinstatement works to the satisfaction of Council, the security bond will be retained and the reinstatement works will be scheduled for completion by Council. Should the cost of reinstatement works exceed the value of the bond, Council will issue the permit holder with an invoice for the excess costs.
How long is an Asset Protection permit valid?
An Asset Protection permit is valid until the associated building permit(s) has been completed (i.e. an Occupancy Certificate and/or a Certificate of Final Inspection has been issued by a building surveyor). Council must be in receipt of the associated Certificate(s) to be aware that building works have been completed.
Where works do not involve a building permit an asset protection permit is valid for 24 months from the date of issue.
Where building works are of an ongoing nature for several years, and the associated building permit has not expired/lapsed, Council may establish whether the remaining works propose an ongoing risk to public land and/or assets. Where it is determined by an Asset Protection Officer that the remaining works do not propose a risk to public land and/or asset, the Officer may (where no damage as a result of building works is evident) from time to time, determine to refund an Asset Protection security bond and/or otherwise complete an Asset Protection permit.