REBATE ON RATES.
SPECIFICATION OF LANDS
SUBSIDY TO BE RENEWED.
(By Telegraph.—Special to Standard.) WELLINGTON, Nov. 2.
Renewing the Government subsidy to enable county councils to grant a 12£ per cent, rebate to ratepayers, a Finance Bill amendment, introduced in the House of Representatives tonight, includes an important modification which restricts its benefit to lands “used exclusively or principally for agricultural, horticultural and pastoral purposes.” The rebate is payable on rates levied by counties in respect of the year ended March 31, 1935 and the funds will be provided out of the main highways revenue fund. Counties are required to submit to the Minister of Finance a certified statement showing (a) the aggregate amount of rates made and levied in the current financial year on all rateable property in their districts, and (b), in respect of rateable property in a district that is not used exclusively or principally for agricultural, horticultural or pastoral purposes, the name of the owner and the occupier of any such property, its rateable value and the total amount of rates levied.
The subsidy is also payable on the same terms to every road, district situated within a county in which the Counties Act is in full force. When the amendment was introduced and before the full text of it_ was available Opposition members quickly seized on the point that the former legislation was anomalous because it gave a subsidy to all classes of county ratepayers, Mr F. Langstone referring to little pocket areas within counties where wealthy business men lived and got the benefit of low county rates. The subsidy was not paid in accordance with the needs of the ratepayers, he said. The Minister of Finance reassured the House on this point, calling attention to the wording of the amendment which restricted the subsidy to- lands used for horticultural, agricultural and pastoral purposes. This was where it differed from the former legislation.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/MS19341103.2.58
Bibliographic details
Manawatu Standard, Volume LIV, Issue 289, 3 November 1934, Page 6
Word Count
318REBATE ON RATES. Manawatu Standard, Volume LIV, Issue 289, 3 November 1934, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Manawatu Standard. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in