SUMMARY OF NOTICE OF INTENTION TO SELL LAND FOR OVERDUE RATES AND CHARGES
Local Government Regulation 2012 (Section 140)
South Burnett Regional Council has decided to sell the land described below because overdue rates have remained unpaid.
This is a summary of the Notices of Intention to Sell Land issued pursuant to section 140 of the Local Government Regulation 2012 (Qld).
Full description of this Land
Interest has accrued on the overdue rates from the date they became overdue at the rate of 11% per annum for the financial years prior to and including 2018/2019, 9.83% per annum for 2019/2020, 8.53% per annum for 2020/2021, 8.03% per annum for 2021/22, 8.17% per annum for 2022/23 and 2023/24 and interest continues to accrue at the rate of 8.17% per annum for 2024/2025 calculated as compound interest on daily rests.
The full notices, which details each of the overdue rates and charges and interest owing on the land; the terms of the Council’s resolution to sell the land and the relevant provisions of Regulation can be found on Council’s website: http://www.southburnett. qld.gov.au
Mark Pitt PSM
CHIEF EXECUTIVE OFFICER
SOUTH BURNETT REGIONAL COUNCIL
Brisbane 4000
