The controversial Property Rates Bill, aimed at introducing a new municipal property rates system, was approved in the National Council of Provinces on Thursday — at its last sitting before the April 14 election.
The Bill, which was also adopted in the National Assembly last month, allows municipalities, if they want, to extend the levying of rates to properties that have until now been partially or fully excluded from rates.
These include the properties of public entities, farmers and others in rural areas, religious, welfare and charitable organisations, independent schools and conservation bodies.
The basis for valuation will be the market value of land and improvements at a uniform rate.
The Bill now goes to President Thabo Mbeki for enactment. — Sapa