s. 139 (b) the annual rate applying because of section 5(5) of the Monetary Units Act 2004. (1D) The area or areas to which the rate calculated S. 139(1D) inserted by under subsection (1B) applies is the area, or are No. 79/2013 the areas, to which the rate for the previous s. 44(1). financial year applied. (1E) For the purposes of a rate calculated under S. 139(1E) inserted by subsection (1B), the Minister may round down to No. 79/2013 the nearest third decimal place the rate calculated s. 44(1). under that subsection. (1F) In respect of each financial year to which S. 139(1F) inserted by subsection (1B) applies, the Minister must publish No. 79/2013 in the Government Gazette— s. 44(1). (a) the rate applying for that financial year; and (b) the area or areas to which that rate applies. (1G) On or before 30 June in any year, the Minister and S. 139(1G) inserted by the Treasurer jointly, by notice published in the No. 79/2013 Government Gazette, may determine that— s. 44(1). (a) subsection (1B) does not apply for a particular specified financial year; and (b) no rate is to be calculated in accordance with that subsection for that financial year. (2) The rating authority may not levy a rate on land S. 139(2) amended by described in Schedule 1, other than land referred Nos 45/1997 to in item 1, 2 or 3 of that Schedule vested in or s. 38(1), 44/1998 owned by a declared public statutory authority s. 28(4)(a). (within the meaning of subsection (2A)) that is not used exclusively as public open space or as a park. (2A) The Governor in Council, by Order published in S. 139(2A) inserted by the Government Gazette, may declare a public No. 45/1997 statutory authority constituted under the laws of s. 38(2). to be a declared public statutory authority for the purposes of subsection (2).
(b) the annual rate applying because of section 5(5) of the Monetary Units Act 2004. S. 139(1D) inserted by No. 79/2013 s. 44(1). (1D) The area or areas to which the rate calculated under subsection (1B) applies is the area, or are the areas, to which the rate for the previous financial year applied. S. 139(1E) inserted by No. 79/2013 s. 44(1). (1E) For the purposes of a rate calculated under subsection (1B), the Minister may round down to the nearest third decimal place the rate calculated under that subsection. S. 139(1F) inserted by No. 79/2013 s. 44(1). (1F) In respect of each financial year to which subsection (1B) applies, the Minister must publish in the Government Gazette— (a) the rate applying for that financial year; and (b) the area or areas to which that rate applies. s. 139 S. 139(1G) inserted by No. 79/2013 s. 44(1). (1G) On or before 30 June in any year, the Minister and the Treasurer jointly, by notice published in the Government Gazette, may determine that— (a) subsection (1B) does not apply for a particular specified financial year; and (b) no rate is to be calculated in accordance with that subsection for that financial year. S. 139(2) amended by Nos 45/1997 s. 38(1), 44/1998 s. 28(4)(a). (2) The rating authority may not levy a rate on land described in Schedule 1, other than land referred to in item 1, 2 or 3 of that Schedule vested in or owned by a declared public statutory authority (within the meaning of subsection (2A)) that is not used exclusively as public open space or as a park. S. 139(2A) inserted by No. 45/1997 s. 38(2). (2A) The Governor in Council, by Order published in the Government Gazette, may declare a public statutory authority constituted under the laws of to be a declared public statutory authority for the purposes of subsection (2).
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