In accordance with Section 130 of the Local Government Regulation 2012 a discount of 10% will be allowed by Council on the levy for the current year general rates if full payment of current (and any overdue rates, charges and interest) is received by no later than 5:00pm on the due date shown on the rate notice. The due date will be the last day any discount will be allowed, this being a minimum of 31 days from the date of issue of the Rate Notice.
The purpose of this discount is to encourage the prompt payment of the relevant rates and charges. The discount will only apply to general rates and will not be allowed on the State Government’s Fire Services Levy, utility charges, excess water charges or special rates.
To be entitled to the discount, ratepayers must ensure that payment of the levy amount in full net of the discount amount is credited to the Council’s bank account, if done by BPay or electronic fund transfer, or received over the counter at Council’s office, or received by its appointed agents, by 5.00pm on the due date specified on the Rate Notice.
The discount will NOT be allowed on payments received after 5.00pm on the due date applicable to each payment unless Council is satisfied that payment was not made by close of business on the due date due to circumstances for which the Council is responsible.
The discount will also NOT be allowed where a payment was lodged before the close of business on the due date but the transfer of the funds into the Council’s bank account or agent was not received by the close of business on the due date due to any delays by the payer’s financial institution or their agent or other similar reasons.
Discount disallowed on the first instalment of a levy is not eligible for allowance even if payment of a later levy is made by close of business on the specified due date for that levy.
No discount will be allowed if overdue rates/charges remain payable in respect of the property after payment of the current rates/charges.