n IMFO : Official Journal of the Institute of Municipal Finance Officers - Rates ratios and upper limits regulations

Abstract

The Municipal Property Rates Act, 6 of 2004 (MPRA), has given municipal finance officials and valuers much to lament. Bathing in the honey of victorious implementation for certain municipalities the celebrations were short lived with the honourable Minister Mufamadi keeping us ever vigilant at the publication of draft regulations in terms of the MPRA for comment.