sec.152RRetention of administration fee by local governments

sec.152R Retention of administration fee by local governments

For each financial year, a local government is entitled to an amount (an administration fee ) for performing functions under this division, including determining the annual contributions payable for prescribed properties, giving levy notices and collecting contributions for prescribed properties. The administration fee for a financial year may be kept from annual contributions for prescribed properties paid or payable for the financial year. Each local government may decide the way in which it keeps the administration fee. A regulation may prescribe the way in which the administration fee is to be calculated. s 152R (prev s 117) amd 1995 No. 55 s 30 sub 1997 No. 52 s 8 amd 2013 No. 28 s 51 sch 2 ; 2024 No. 22 s 92 sch 1 reloc and renum 2024 No. 22 s 60 (2) (sec.152R-ssec.1) For each financial year, a local government is entitled to an amount (an administration fee ) for performing functions under this division, including determining the annual contributions payable for prescribed properties, giving levy notices and collecting contributions for prescribed properties. (sec.152R-ssec.2) The administration fee for a financial year may be kept from annual contributions for prescribed properties paid or payable for the financial year. (sec.152R-ssec.3) Each local government may decide the way in which it keeps the administration fee. (sec.152R-ssec.4) A regulation may prescribe the way in which the administration fee is to be calculated.