Declaration and notification of rates
48 Declaration and notification of rates
(1) To impose rates under section 15 for a financial year, the Corporation must, on or before 31 July in that financial year, declare rates on allotments in the Precinct.
The declaration must state the following:
the basis or bases of the rates;
(b) if the rates may be paid by instalment – the number of instalments payable and the date on which each instalment will fall due for payment;
(c) if a discount or other form of concession or benefit is to be given for prompt payment of rates in full:
details of the discount, concession or benefit; and
the conditions on which it is to be given.
(3) Within 21 days after declaring rates, the Corporation must publish notice of the declaration of rates and the matters specified in subsection (2):
on its website; and
in a newspaper circulating generally in the Precinct.
(4) Failure to publish the notice within the time limit fixed by subsection (3) does not invalidate the declaration.
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