which it is the owner, or public service infrastructure owned by it or on properties in respect of which it is impossible or unreasonably difficult to establish a market value because of legally insecure tenure resulting from past racially discriminating laws or practice. 2 EXERCISE OF POWER IN TERMS OF LEGISLATION A Municipality must exercise its power to levy rate on property subject to: (a) Section 229 and other applicable provisions of the Constitution (b) The provisions of the MPRA (c) Its Rates Policy and Rates By-laws 3 IMPLEMENTATION OF AND EFFECTIVE DATE 3.1. The Rates Policy shall take effect from 1 July 2009 being the effective date of the first valuation roll prepared by the municipality in terms of the MPRA and must accompany the municipality’s budget for the financial year. 3.2. The Rates Policy will be reviewed annually, and if necessary amended by the Municipality such amendments to be effected in conjunction with the Municipality’s annual budget in terms of Sections 22 and 23 of the Municipal Financial Management Act. 3.3 The Municipality must adopt and publish by-laws, in terms of Sections 12 and 13 of the Municipal Systems Act, to give effect to the implementation of its rates policy and must be read in conjunction with this policy. The rates may differentiate between: 3.3.1 Categories of properties; and 3.3.2 Categories of owners of properties. 3.4 The rates by-laws adopted in terms of Item 3.3 may be reviewed annually, and if necessary be amended by the Municipality, in conjunction and in accordance with the Rates Policy. 4. THE PURPOSE OF THIS POLICY The purpose of this policy is to: 4.1 ensure compliance with the provisions section 3 of the Municipal Property Rates Act, 2004 (Act No. 6 of 2004);
which it is the owner, or public service infrastructure owned by it or on properties in respect of which it is impossible or unreasonably difficult to establish a market value because of legally insecure tenure resulting from past racially discriminating laws or practice. 2 EXERCISE OF POWER IN TERMS OF LEGISLATION A Municipality must exercise its power to levy rate on property subject to: (a) Section 229 and other applicable provisions of the Constitution (b) The provisions of the MPRA (c) Its Rates Policy and Rates By-laws 3 IMPLEMENTATION OF AND EFFECTIVE DATE 3.1. The Rates Policy shall take effect from 1 July 2009 being the effective date of the first valuation roll prepared by the municipality in terms of the MPRA and must accompany the municipality’s budget for the financial year. 3.2. The Rates Policy will be reviewed annually, and if necessary amended by the Municipality such amendments to be effected in conjunction with the Municipality’s annual budget in terms of Sections 22 and 23 of the Municipal Financial Management Act. 3.3 The Municipality must adopt and publish by-laws, in terms of Sections 12 and 13 of the Municipal Systems Act, to give effect to the implementation of its rates policy and must be read in conjunction with this policy. The rates may differentiate between: 3.3.1 Categories of properties; and 3.3.2 Categories of owners of properties. 3.4 The rates by-laws adopted in terms of Item 3.3 may be reviewed annually, and if necessary be amended by the Municipality, in conjunction and in accordance with the Rates Policy. 4. THE PURPOSE OF THIS POLICY The purpose of this policy is to: 4.1 ensure compliance with the provisions section 3 of the Municipal Property Rates Act, 2004 (Act No. 6 of 2004);
FINAL-RATES-POLICY-2016-2017-KZN-2341.docx