New South Wales Consolidated Acts

MOORE-STREET IMPROVEMENT ACT OF 1890 - SECT 5

5 Provisions as to proportion of contribution to improvements between property owners, within improvement area and City Fund

The proportion in which the owners of property, situated within the said improvement area shall, subject to the provisions for appeal hereinafter contained, contribute to the cost of such improvement, together with interest as aforesaid, shall not in any case be determined by the Council at less than one-half of such cost and interest, and the balance shall be a charge upon and be paid out of the City Fund: Provided always that it shall be lawful for the Supreme Court, upon any such appeal, to order that the proportion which owners of property shall be liable to contribute be reduced to not less than one-fourth of such cost and interest; and that the proportion thereof to be charged to the said City Fund be correspondingly increased.