LOCAL GOVERNMENT ACT 1995 - SECT 6.34
LOCAL GOVERNMENT ACT 1995 - SECT 6.34
6.34 . Limit on revenue or income from general rates
Unless the Minister
otherwise approves, the amount shown in the annual budget as being the amount
it is estimated will be yielded by the general rate is not to —
(a) be
more than 110% of the amount of the budget deficiency; or
(b) be
less than 90% of the amount of the budget deficiency.
[Section 6.34 modified: SL 2020/57 1M .]