243Discount for prompt payment

243 Discount for prompt payment (1) A council may, by resolution, allow a discount, or some other form of concession or benefit, for prompt payment of rates in full. (2) If the council resolves to allow a discount, or some other concession or benefit, for prompt payment of rates in full, the rates notice must: (a) state the amount of the discount, concession or benefit; and (b) the conditions on which the discount, concession or benefit is to be allowed, and (c) both the discounted and the undiscounted amount payable; and (d) the date for which payment of the rates in full must be made in order to be entitled to the discount, concession or benefit.