What kinds of rates may be set?

13 General rate

(1)

A local authority may set a general rate for all rateable land within its district.

(2)

A general rate may be set—

(a)

at a uniform rate in the dollar of rateable value for all rateable land; or

(b)

at different rates in the dollar of rateable value for different categories of rateable land under section 14.

(3)

For the purposes of this section, the rateable value of the land—

(a)

must be—

(i)

the annual value of the land; or

(ii)

the capital value of the land; or

(iii)

the land value of the land; and

(b)

must be identified in the local authority’s funding impact statement as the value for setting a general rate.

Compare: 1988 No 97 ss 12–15, 33, 43, 48

Section 13(3)(b): amended, on 1 July 2003, by section 262 of the Local Government Act 2002 (2002 No 84).