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Municipal valuations in the Western Cape are governed by the Valuation Ordinance, 1944 and the Property Valuation Ordinance, 1993. General Valuations before 1 July 1994 were carried out in terms of the 1944 ordinance and afterwards in terms of the 1993 ordinance. New legislation (Property Rates Bill) is presently being prepared and will possibly be promulgated during 2004. The object of this bill is to replace the existing ordinances with uniform legislation for the Republic. The aim of the bill is to bring all property previously excluded into the tax net and the establishment of a uniform property rating system throughout the country. This includes such things as the way property is evaluated, the period of valuation and ways of assisting those who cannot afford to pay full rates. Provincial government is charged with the administration of the Valuation Ordinance, 1944. This includes the power to appoint valuers, bring valuation rolls into operation and direct that re-valuations be made. In terms of the Property Valuation Ordinance, 1993 provincial government plays a limited role in direct property valuation, but to a greater extent provides oversight and advice. It is responsible for ensuring that valuations are implemented consistently. Provincial government must also monitor the effectiveness, consistency, uniformity and application of municipal valuations for rates purposes. Municipalities are responsible for the appraisal and assessment of property. |
