549Reduction of rates containing base amounts if levied on vacant land

#### 549 Reduction of rates containing base amounts if levied on vacant land 549 Reduction of rates containing base amounts if levied on vacant land > > (1) A council may determine that a rate (whether an ordinary rate or a special rate) consisting of a base amount to which an ad valorem amount is added is to be levied on— > > > > > (a) vacant land, or > > > > > (b) vacant land that has suffered physical damage (such as flood liable or coastal hazard affected land), or > > > > > (c) land prescribed by the regulations for the purposes of this section, > > > > in accordance with this section. > > > (2) If— > > > > > (a) the rate were to be levied on land on the basis that the rate consisted of only the ad valorem amount, and > > > > > (b) the amount payable as a consequence of levying the ad valorem amount on the land would be less than $250 (or such other amount as may be prescribed by the regulations), > > > > the rate payable in respect of the land is $250 (or such other amount as may be prescribed by the regulations) or the base amount of the rate, whichever is the lesser.