Queensland Consolidated Acts Queensland Consolidated Acts(1) At its budget meeting, a local government may, by resolution, decide to allow a discount for prompt payment of a rate.
(2) If a local government decides to allow a discount, the local government must decide--
(a) whether the discount is to be a fixed amount or a percentage of the rate; and
(b) if the discount is to be a fixed amount--the amount; and
(c) if the discount is to be a percentage of the rate--the percentage; and
(d) whether the discount is to be allowed only if--
(i) another rate is paid before the discount date, or within the discount period, for the rate or other rate; or
(ii) an amount, including any interest on the amount, is not payable for work performed by the local government under section 1066; and
(e) the discount date or discount period for the rate.
(3) The discount date or discount period for a rate must not be--
(a) for the discount date--after the date decided by the local government under section 1014 as the date by which the rate must be paid; and
(b) for the discount period--longer than the time decided by the local government under section 1014 as the time within which the rate must be paid.
(4) The discount date or discount period may be altered by the local government, by resolution, to allow each person liable to pay the rate a greater period of time to pay the rate and be allowed the discount.
(5) If the local government allows a discount for payment of a rate, it must allow the discount to each person liable to pay the rate and who pays the rate by the discount date or within the discount period for the rate.
(6) The local government may allow more than 1 amount of discount or percentage discount for a rate only if the local government--
(a) decides more than 1 discount date or discount period for the rate; and
(b) allows a different amount of discount or percentage discount for each discount date or discount period decided.