Western Australian Consolidated Acts Western Australian Consolidated Acts [(1), (2) deleted]
(3) In respect of each
financial year the Town of Cambridge shall determine the general rate to be
imposed in relation to —
(a) the
said lands, which general rate shall yield an amount (in this subsection
called the endowment lands assessment ) equal to the same percentage
proportion (calculated to the nearest first decimal place) of the budget
deficiency of the local government in respect of that financial year as the
percentage proportion which the aggregate of the gross rental values of all
land in the said lands bears to the aggregate of the gross rental values of
all land in the district; and
(b) the
remainder of the district, which general rate shall yield the amount remaining
after subtracting the endowment lands assessment from the amount of the budget
deficiency of the local government in respect of that financial year.
[(4) deleted]
(5) In this
section —
budget deficiency has the same meaning as in
section 6.1 of the Local Government Act 1995 ;
district means the local government district of
Cambridge;
first decimal place means first decimal place
after the decimal point in the number concerned;
general valuation has the meaning given by section
4 of the Valuation of Land Act 1978 ;
gross rental values , in relation to land in the
said lands or in the district in a particular financial year, means the gross
rental values set out in the most recent general valuation of land in the
district determined by the Valuer-General under the Valuation of Land
Act 1978 ;
remainder of the district means that portion of
the district remaining after subtracting the area of the said lands from the
district.
[Section 7A inserted by No. 2 of 1980
s. 4; amended by No. 7 of 1981 s. 2; No. 38 of 1993
s. 22; No. 14 of 1996 s. 4.]
[ 8-10. Deleted by No. 38 of 1993
s. 22.]
[Parts III-V (s. 11-38) deleted by No. 38 of 1993 s. 22.]
[Heading amended by No. 14 of 1996
s. 4.]