President Jacob Zuma has, in terms of section 84(2)(a) of the Constitution of the Republic of South Africa, 1996, signed into law the Local Government: Municipal Property Rates Amendment Act.
The Act, amongst others, seeks to:
When the draft Municipal Property Rates Bill was gazetted for comment in 2011 Deputy Minister Yunus Carrim said that: “We understand, especially in these difficult economic times, and with increases in the cost of municipal services, that house owners are anxious about property rates. But contrary to media reports on the draft Bill, people who own more than one residential property will not have to pay commercial rates on their additional residential properties."
Schools should be excluded from paying rates as this will ease the financial burden on schools that have limited funds to run.