LOCAL GOVERNMENT ACT 1993 - SECT 500 Limit on revenue that can be raised from base amount
LOCAL GOVERNMENT ACT 1993 - SECT 500
Limit on revenue that can be raised from base amount500 Limit on revenue that can be raised from base amount
The amount specified as the base amount of a rate (or the base amount of the rate for a category or sub-category of an ordinary rate) must not be such as to produce more than 50 per cent of the total amount payable by the levying of the rate (or of the rate for the category or sub-category concerned) on all rateable land subject to the rate (or the rate for the category or sub-category concerned).