Rates Rebate Act 1973

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3 Rates rebate

(1)

A ratepayer who, at the commencement of a rating year, was the ratepayer of a residential property is entitled, on application in that year, to a rebate of—

(a)

so much of the rates payable for that rating year in respect of the property as represents—

(i)

two-thirds of the amount by which those rates exceed $160, reduced by—

(ii)

$1 for each $8 by which the ratepayer’s income for the preceding tax year exceeded $24,790, that last-mentioned amount being increased by $500 in respect of each person who was a dependant of the ratepayer at the commencement of the rating year in respect of which the application is made; or

(b)

$620,—

whichever amount is smaller.

(1A)

A ratepayer who, at the commencement of a rating year, was the ratepayer of a residential property, and later during that year becomes the ratepayer of another residential property, is entitled to a rates rebate under subsection (1). The amount of the rebate must be apportioned according to the amount of time the ratepayer was the ratepayer of each residential property during the rating year.

(2)

The Governor-General may from time to time, by Order in Council, amend the provisions of subsection (1) by substituting any amount for any amount specified in that subsection.

Section 3(1): replaced, on 1 April 1979, by section 3(1) of the Rates Rebate Amendment Act 1978 (1978 No 35).

Section 3(1): amended, on 1 July 2003, by section 137(1) of the Local Government (Rating) Act 2002 (2002 No 6).

Section 3(1)(a)(i): amended, on 6 May 1982, by clause 2 of the Rates Rebate Order 1982 (SR 1982/100).

Section 3(1)(a)(ii): amended, on 1 July 2017 (but a ratepayer’s entitlement to a rebate for a rating year ending before that date, and the amount (if any) of that rebate, must be determined as if this order had not been made), by clause 3(1) of the Rates Rebate (Specified Amounts) Order 2017 (LI 2017/110).

Section 3(1)(a)(ii): amended, on 1 July 2006, by clause 3(b) of the Rates Rebate Order 2006 (SR 2006/60).

Section 3(1)(a)(ii): amended, on 1 April 2005 (effective for 2005–06 tax year and later tax years, except when the context requires otherwise), by section YA 2 of the Income Tax Act 2004 (2004 No 35).

Section 3(1)(a)(ii): amended, on 1 July 1994, by section 3 of the Rates Rebate Amendment Act 1994 (1994 No 58).

Section 3(1)(b): amended, on 1 July 2017 (but a ratepayer’s entitlement to a rebate for a rating year ending before that date, and the amount (if any) of that rebate, must be determined as if this order had not been made), by clause 3(2) of the Rates Rebate (Specified Amounts) Order 2017 (LI 2017/110).

Section 3(1A): replaced, on 1 July 2003, by section 137(1) of the Local Government (Rating) Act 2002 (2002 No 6).