125AAMaximum annual charge for stormwater management services (the Act, section 510A)

125AA Maximum annual charge for stormwater management services (the Act, section 510A)

125AA Maximum annual charge for stormwater management services (the Act, section 510A)

(1) The maximum annual charge for stormwater management services that may be levied in respect of a parcel of rateable land is—

(a) for land categorised as residential (other than land referred to in paragraph (b))—$25, and

(b) for a lot in a strata scheme that is categorised as residential—$12.50, and

(c) for land categorised as business (other than land referred to in paragraph (d))—$25, plus an additional $25 for each 350 square metres or part of 350 square metres by which the area of the parcel of land exceeds 350 square metres, and

(d) for a lot in a strata scheme that is categorised as business—the greater of the following—

(i) $5,

(ii) the relevant proportion of the maximum annual charge that would apply to the land subject to the strata scheme if it were a parcel of land subject to paragraph (c).

(2) In this section, the relevant proportion, in relation to a lot in a strata scheme, is the proportion that the unit entitlement of that lot in the scheme bears to the aggregate unit entitlement of the scheme.

(3) Words and expressions used in this section have the same meanings as they have in the Strata Schemes Management Act 2015.