Australian Capital Territory Numbered Acts

RATES AND LAND TAX (AMENDMENT) ACT (NO. 2) 1990 (NO. 24 OF 1990) - SECT 7

7. Section 22 of the Principal Act is amended by inserting after subsection (4) the following subsection:

“(4A) Where a court enters judgment for the payment of an amount of rates, or of an amount that includes an amount of rates—

        (a)     the amount, or the relevant amount, shall not be taken, for the purposes of subsection (3), to have ceased to be due for payment only because the judgment was entered; and

        (b)     if interest is payable on the judgment debt—the amount that, but for this paragraph, would have been payable under subsection (3) shall be reduced—

              (i)     where the judgment is for an amount of rates—by the amount of interest on the judgment debt; or

              (ii)     where the judgment is for an amount that includes an amount or rates—by the amount that bears the same proportion to the amount of interest on the judgment debt as the amount of rates bears to the amount of the judgment debt.”.