21. REDUCTIONS It is recorded that the municipality is precluded from levying rates on the following categories determined by the municipality: 21.2 The first R15 000 of the market value of a property assigned in the valuation roll or supplementary valuation roll of a municipality for residential properties in terms of section 17(1)(h) of the Act; 21.3 The first R15 000 of the market value of a property assigned in the valuation roll or supplementary valuation roll of a municipality for multi purposes, relating to that portion used for residential purposes only; 21.4 On the first 30% of the market value of a property assigned in the valuation roll or supplementary valuation roll of a municipality for Public Service Infrastructure in terms of section 17(1)(a) of the Act; 21.5 The municipality may in its discretion further reduce the value upon which rates will be levied by an amount determined by the Municipality by resolution of the council at its annual budget in respect of residential properties; 21.6 The municipality may in addition reduce the value upon which rates will be levied by a further R15000 as determined by the municipality by resolution of the council at its annual budget in respect of residential properties. 21.7 On any property referred to in paragraphs (a) (b) (e) (g) and (h) of the definition Of “public service infrastructure” 22 RATES REBATES REBATES FOR CATEGORIES OF PROPERTIES The municipal Council may at its annual budget resolve to grant rebates to any of the categories of properties as determined in this policy. The Municipality may grant a lifeline benefit rebate on residential properties up to a value determined by a resolution of Council at its annual budget taking cognizance of the principle that such rebates shall address the indigent. The provisions for clause 24 below shall apply to the grants of any rebates in terms of clause of 22.2 The Municipality may grant an additional rebate to properties used for hospitality / tourism as bed and breakfast establishment in additional to any rebates granted to the category of properties provided that
21. REDUCTIONS It is recorded that the municipality is precluded from levying rates on the following categories determined by the municipality: 21.2 The first R15 000 of the market value of a property assigned in the valuation roll or supplementary valuation roll of a municipality for residential properties in terms of section 17(1)(h) of the Act; 21.3 The first R15 000 of the market value of a property assigned in the valuation roll or supplementary valuation roll of a municipality for multi purposes, relating to that portion used for residential purposes only; 21.4 On the first 30% of the market value of a property assigned in the valuation roll or supplementary valuation roll of a municipality for Public Service Infrastructure in terms of section 17(1)(a) of the Act; 21.5 The municipality may in its discretion further reduce the value upon which rates will be levied by an amount determined by the Municipality by resolution of the council at its annual budget in respect of residential properties; 21.6 The municipality may in addition reduce the value upon which rates will be levied by a further R15000 as determined by the municipality by resolution of the council at its annual budget in respect of residential properties. 21.7 On any property referred to in paragraphs (a) (b) (e) (g) and (h) of the definition Of “public service infrastructure” 22 RATES REBATES REBATES FOR CATEGORIES OF PROPERTIES The municipal Council may at its annual budget resolve to grant rebates to any of the categories of properties as determined in this policy. The Municipality may grant a lifeline benefit rebate on residential properties up to a value determined by a resolution of Council at its annual budget taking cognizance of the principle that such rebates shall address the indigent. The provisions for clause 24 below shall apply to the grants of any rebates in terms of clause of 22.2 The Municipality may grant an additional rebate to properties used for hospitality / tourism as bed and breakfast establishment in additional to any rebates granted to the category of properties provided that
FINAL-RATES-POLICY-2016-2017-KZN-2341.docx