(1) A rate or service
charge is ordinarily payable to a local government by a single payment but the
person liable for the payment of a rate or service charge may elect to make
that payment to a local government, subject to subsection (3), by —
(a) 4
equal or nearly equal instalments; or
(b) such
other method of payment by instalments as is set forth in the local
government’s annual budget.
(2) Where, during a
financial year, a rate notice is given after a reassessment of rates under
section 6.40 the person to whom the notice is given may pay the rate or
service charge —
(a) by a
single payment; or
(b) by
such instalments as are remaining under subsection (1)(a) or (b) for the
remainder of that financial year.
(3) A local government
may impose an additional charge (including an amount by way of interest) where
payment of a rate or service charge is made by instalments and that additional
charge is, for the purpose of its recovery, taken to be a rate or service
charge, as the case requires, that is due and payable.
(4) Regulations may
—
(a)
provide for the manner of making an election to pay by instalments under
subsection (1) or (2); and
(b)
prescribe circumstances in which payments may or may not be made by
instalments; and
(c)
prohibit or regulate any matters relating to payments by instalments; and
(d)
provide for the time when, and manner in which, instalments are to be paid;
and
(e)
prescribe the maximum amount (including the maximum interest component) which
may be imposed under subsection (3) by way of an additional charge; and
(f)
provide for any other matter relating to the payment of rates or service
charges.
[Section 6.45 modified: SL 2020/57 1M .]