sec.122Discount for prompt payment of rates or charges

sec.122 Discount for prompt payment of rates or charges

The council may decide to allow a discount for payment of rates or charges before the end of the discount period. The amount of the discount and the discount period may differ for different rating categories of rateable land. The discount period is a period that ends on or before the due date for payment. 1 month before the due date for payment a period of 1 month ending 2 weeks before the due date for payment The council must, by resolution, make the decision at its budget meeting. The resolution must state— whether the discount is to be— a fixed amount; or a percentage of the rates or charges; and if the discount is to be a fixed amount—the amount; and if the discount is to be a percentage of the rates or charges—the percentage; and whether the discount applies only if— other rates or charges are paid; or an amount, including any interest on the amount, is paid for work that was performed by the council under a remedial notice issued under the Act ; and the discount period. The council may allow more than 1 discount period for rates or charges only if the council’s resolution— states more than 1 discount period for the rates or charges; and allows a different discount for each discount period. The council may, by resolution, change the discount period to end on a later day (the new discount day ). However, if the discount period is changed under subsection (7) , the council must also, by resolution, change the due date for payment to a later day that is no earlier than the new discount day. If the council decides to allow a discount for a discount period, it must allow the discount to all ratepayers who pay the rates or charges before the end of the discount period. If the council is satisfied a ratepayer has been prevented, by circumstances beyond their control, from paying the rates or charges in time to get a discount, the council may still allow the discount. A ratepayer is not entitled to a discount for paying in full rates or charges for land by the end of a discount period if other rates or charges for the land are overdue. s 122 amd 2025 SL No. 161 s 3 (sec.122-ssec.1) The council may decide to allow a discount for payment of rates or charges before the end of the discount period. (sec.122-ssec.2) The amount of the discount and the discount period may differ for different rating categories of rateable land. (sec.122-ssec.3) The discount period is a period that ends on or before the due date for payment. 1 month before the due date for payment a period of 1 month ending 2 weeks before the due date for payment (sec.122-ssec.4) The council must, by resolution, make the decision at its budget meeting. (sec.122-ssec.5) The resolution must state— whether the discount is to be— a fixed amount; or a percentage of the rates or charges; and if the discount is to be a fixed amount—the amount; and if the discount is to be a percentage of the rates or charges—the percentage; and whether the discount applies only if— other rates or charges are paid; or an amount, including any interest on the amount, is paid for work that was performed by the council under a remedial notice issued under the Act ; and the discount period. (sec.122-ssec.6) The council may allow more than 1 discount period for rates or charges only if the council’s resolution— states more than 1 discount period for the rates or charges; and allows a different discount for each discount period. (sec.122-ssec.7) The council may, by resolution, change the discount period to end on a later day (the new discount day ). (sec.122-ssec.8) However, if the discount period is changed under subsection (7) , the council must also, by resolution, change the due date for payment to a later day that is no earlier than the new discount day. (sec.122-ssec.9) If the council decides to allow a discount for a discount period, it must allow the discount to all ratepayers who pay the rates or charges before the end of the discount period. (sec.122-ssec.10) If the council is satisfied a ratepayer has been prevented, by circumstances beyond their control, from paying the rates or charges in time to get a discount, the council may still allow the discount. (sec.122-ssec.11) A ratepayer is not entitled to a discount for paying in full rates or charges for land by the end of a discount period if other rates or charges for the land are overdue.