Australian Capital Territory Consolidated Acts

RATES ACT 2004 - SECT 39

    (1)     This section applies if—

        (a)     the commissioner has prepared an assessment of rates payable in relation to a qualifying parcel of land for a period; and

        (b)     before the end of the period the land stops being a qualifying parcel because it is subdivided under the Unit Titles Act; and

        (c)     the commissioner is satisfied that the percentages of the development that are to be used for residential and commercial purposes are different from the percentages determined by a qualifying development determination for the parcel.

    (2)     The commissioner must—

        (a)     redetermine the percentages under section 32 (5); and

        (b)     reassess the amount of rates payable for the parcel for the whole period when the land was a qualifying parcel.