LOCAL GOVERNMENT ACT 1995 - SECT 6.12

LOCAL GOVERNMENT ACT 1995 - SECT 6.12

6.12 .         Power to defer, grant discounts, waive or write off debts

        (1)         Subject to subsection (2) and any other written law, a local government may —

            (a)         when adopting the annual budget, grant* a discount or other incentive for the early payment of any amount of money; or

            (b)         waive or grant concessions in relation to any amount of money; or

            (c)         write off any amount of money,

                which is owed to the local government.

        * Absolute majority required.

        (2)         Subsection (1)(a) and (b) do not apply to an amount of money owing in respect of rates and service charges.

        (3)         The grant of a concession under subsection (1)(b) may be subject to any conditions determined by the local government.

        (4)         Regulations may prescribe circumstances in which a local government is not to exercise a power under subsection (1) or regulate the exercise of that power.

        [Section 6.12 amended: No. 64 of 1998 s. 39.]