50
CurrentPayment by instalment
Part 3Matters relating to rates
Division 3Imposition of rates
50 Payment by instalment
(1)
If the Corporation allows payment of rates by instalment:
(a)
each instalment must be paid by the due date for payment; but
(b) if a ratepayer fails to pay an instalment by the due date – all remaining instalments become immediately due.
(2) However, the Corporation may relieve a ratepayer, or ratepayers generally, from the consequences of a failure to pay an instalment to an extent decided by the Corporation.
This Act’s bill:Explanatory statementSecond reading speech
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