s 133
In forceRates amounts
Part 6Financial provisions
Division 1Declared Pest Account
Subdivision 2Rates imposed on land
133 Rates amounts
(1)
If a flat rate is determined in respect of land, the rates amount payable is the amount determined as the rate.
(2)
If an ad valorem rate is determined in respect of land, the rates amount payable in relation to a financial year is, subject to section 132(4), the amount calculated by applying the rate to the amount equal to the unimproved value of the land according to the valuation in force under the Valuation of Land Act 1978 at midnight on 30 June in the previous financial year.
(3)
Rates amounts are payable to the Commissioner.
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