Queensland Consolidated Acts(1) At its budget meeting, the council may resolve that a rate may be paid by instalments on the terms specified in the resolution.
(2) The terms may provide for payment of a premium.
(3) Section 67 does not apply to payment of the rate if the terms applicable to the payment of the rate are met.
(4) The terms may make provision in relation to--
(a) the application of section 67 to the payment of the rate; and
(b) the immediate payment of future instalments;
if the terms applicable to the payment of the rate are not met.
(5) An instalment identified in the resolution is taken to have been an overdue rate for the Local Government Act, chapter 14, part 7, division 3, from the day it first became an overdue rate if--
(a) the instalment is not paid as required under the resolution; and
(b) the instalment was, before the resolution was made, an overdue rate.