79BMinimum fire service contribution

79B Minimum fire service contribution

[Section 79B Inserted by No. 29 of 1995, s. 71 ][Section 79B Subsection (1) amended by No. 40 of 1997, s. 5, Applied:14 Nov 1997] [Section 79B Subsection (1) amended by No. 40 of 1997, s. 5, Applied:14 Nov 1997] [Section 79B Subsection (2) substituted by No. 40 of 1997, s. 5, Applied:14 Nov 1997] [Section 79B Subsection (3) omitted by No. 40 of 1997, s. 5, Applied:14 Nov 1997] [Section 79B Subsection (4) omitted by No. 40 of 1997, s. 5, Applied:14 Nov 1997] [Section 79B Substituted by No. 72 of 1999, s. 11, Applied:01 Jul 2000]

(1)  In this section,

financial year means a financial year after the financial year ending on 30 June 2000.

(2)  The minimum fire service contribution that each local council is to collect for a financial year in respect of a rateable parcel of permanent brigade rating district land, composite brigade rating district land, volunteer brigade rating district land or general land in its municipal area is an amount calculated in accordance with the following formula:

where –

a is the amount of the minimum fire service contribution for the financial year calculated to the nearest cent and then rounded to the nearest dollar in accordance with subsection (4) ; and

b is the minimum fire service contribution for the financial year immediately preceding the financial year, calculated to the nearest cent; and

c is the CPI figure for the December quarter immediately preceding the financial year; and

d is the CPI figure for the December quarter immediately preceding the December quarter referred to in the preceding paragraph defining "c" for the purposes of the formula in this section.