(1)  A council may permit a ratepayer to pay rates by instalments instead of by one payment.

(2)  A council may decide that any rates are payable by all ratepayers by instalments.

(3)  A council may decide that rates are not payable by instalments by some ratepayers if the total amount of rates payable is equal to, or less than, the prescribed amount.

(4)  The council is to determine the dates by which instalments are to be paid.

(5)  If a ratepayer fails to pay any instalment within 21 days of the date on which the rates are due, the council may require the ratepayer to pay the full amount owing for the financial year.