This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on the 28th day after the date of their notification in the Gazette, modify the mechanism in sections 39 to 43 of the Local Government (Auckland Transitional Provisions) Act 2010 that provides the Auckland Council with a means to manage significant changes in rating liability resulting from the reorganisation of local government in Auckland and the creation of a single rating system.
Regulation 4 provides that, for the period during which the Council may set rates under sections 39 to 43, those sections must be read as if the sections 40, 40A, and 41 set out in that regulation replaced the current sections 40 and 41.
These modifications provide greater flexibility to the Council to manage the change, including in the way in which the maximum change in rating liability permitted in respect of a rating unit may be set (the change limit). The change limit may now be—
applied separately and differently to different categories of rateable land defined in terms of 1 or more of the matters listed in Schedule 2 of the Local Government (Rating) Act 2002:
phased so that the annual change is a proportion of the difference between the amount of rates assessed for a year and the amount assessed for the immediately preceding year:
calculated excluding specified targeted rates.
These regulations expire in accordance with section 5(3) of the Act.