Queensland Consolidated Acts Queensland Consolidated Acts(1) If the unimproved value of rateable land alters, the council must adjust the amount of a rate levied by it by reference to the unimproved value so that the amount levied conforms to the altered unimproved value.
(2) If--
(a) land becomes rateable land; or
(b) land is included in a category of land because of section 93(b);
the council must levy any rate applicable to the land.
(3) An adjustment under subsection (1) or a levy under subsection (2) has effect on the day on which the altered valuation or valuation of the relevant land is effective.
(4) If the description of rateable land ceases, the council must refund to the owner for the time being of the relevant land the amount of any rate paid in relation to the land for the period after the description ceases.
(5) For the purposes of subsection (4), the owner of land immediately before it ceases to be rateable land is taken to continue as the owner of the land.