498The ad valorem amount

#### 498 The ad valorem amount 498 The ad valorem amount > > (1) The ad valorem amount of a rate is an amount in the dollar determined for a specified year by the council and expressed to apply— > > > > > (a) in the case of an ordinary rate—to the land value of all rateable land in the council’s area within the category or sub-category of the ordinary rate, or > > > > > (b) in the case of a special rate—to the land value of all rateable land in the council’s area or such of that rateable land as is specified by the council in accordance with section 538. > > > (2) The ad valorem amount of a rate is to be levied on the land value of rateable land, except as provided by this or any other Act. > > > (3) An ad valorem amount specified for a parcel of land may not differ from an ad valorem amount specified for any other parcel of land within the same category or subcategory unless— > > > > > (a) the land values of the parcels were last determined by reference to different base dates, and > > > > > (b) the Minister approves the different ad valorem amounts. > > Note. > > Land value is defined in the Dictionary for this Act. Generally, it is a value determined specially for rating purposes by the Valuer-General under the [Valuation of Land Act 1916](/view/html/inforce/current/act-1916-002). > > A value other than land value may be used, for example, under section 127 of the [Heritage Act 1977](/view/html/inforce/current/act-1977-136). > > **s 498:** Am 1999 No 38, Sch 1 \[16\].