84
CurrentMaximum rate increases for farmland during first 5 years
Schedule 8Savings, transitional and other provisions consequent on the enactment of other Acts
Part 26Provisions consequent on enactment of Local Government and Valuation of Land Amendment (Water Rights) Act 2005
84 Maximum rate increases for farmland during first 5 years
(1)
This clause applies to ordinary rates levied for the year commencing 1 July 2005 or any of the next 4 years following the commencement of the 2005 amending Act.
(2)
Subject to the provisions of any proclamation in force under section 213 or 218C, the amount that may be levied as an ordinary rate for any parcel of land in the category “farmland”, or any sub-category of that category, must not be more than 20 per cent above the amount levied as an ordinary rate for that parcel for the previous year.
This Act’s bill:Explanatory memorandumSecond reading speech
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