(1) The ad valorem amount of a rate is an amount in the dollar determined for a specified year by the council and expressed to apply:(a) in the case of an ordinary rate—to the land value of all rateable land in the council’s area within the category or sub-category of the ordinary rate, or(b) in the case of a special rate—to the land value of all rateable land in the council’s area or such of that rateable land as is specified by the council in accordance with section 538.(2) The ad valorem amount of a rate is to be levied on the land value of rateable land, except as provided by this or any other Act.(3) An ad valorem amount specified for a parcel of land may not differ from an ad valorem amount specified for any other parcel of land within the same category or subcategory unless:(a) the land values of the parcels were last determined by reference to different base dates, and(b) the Minister approves the different ad valorem amounts.Note. Land value is defined in the Dictionary for this Act. Generally, it is a value determined specially for rating purposes by the Valuer-General under the Valuation of Land Act 1916.
A value other than land value may be used, for example, under section 127 of the Heritage Act 1977.