Australian Capital Territory Numbered Acts

RATES ACT 2004 (NO. 3 OF 2004) - SECT 9

    (1)     This section applies if a parcel of land becomes rateable on or after a relevant date (the 1st relevant date ).

    (2)     The commissioner must—

        (a)     determine the unimproved value of the parcel of land as at the 1st relevant date; and

        (b)     if necessary, redetermine the unimproved value of the parcel as at each relevant date after the first relevant date when it was not determined.

    (3)     A determination under subsection (2) (a) applies to rates for the period—

        (a)     beginning on 1 July in the calendar year in which the relevant date falls; and

        (b)     ending on 30 June in the next calendar year.

    (4)     A redetermination under subsection (2) (b) for a parcel of land applies to rates for the period—

        (a)     beginning on 1 July in the calendar year in which the relevant date as at which the redetermination is made falls; and

        (b)     ending on 30 June in the next calendar year.