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Local Government: Municipal Property Rates Act, 2004 (Act No. 6 of 2004)

Chapter 2 : Rating

Part 2 : Levying of rates

11. Amount due for rates

 

 

(1) A rate levied by a municipality on property must be an amount in the Rand—
(a) on the market value of the property;
(b) in the case of public service infrastructure, on the market value of the public service infrastructure less 30% of that value as contemplated in section 17(1)(a), or on such lower percentage as the Minister may determine in terms of section 17(4); or
(c) in the case of property to which section 17(1)(h) applies, on the market value of the property less the amount stated in that section, or on such other amount as the Minister may determine in terms of section 17(3).

 

(2) A rate levied by a municipality on residential properties with a market value below a prescribed valuation level may, instead of a rate determined in terms of subsection (1), be a uniform fixed amount per property.

[Subsection (2) amended by section 8 (a) of Act No. 29 of 2014]

 

(3) [Subsection (3) deleted by section 8 (b) of Act No. 29 of 2014]