117HEligible ratepayer may elect to make lump sum contribution

1. Having received an invitation, an eligible ratepayer may elect to make a lump sum contribution to the capital project concerned in respect of the rating unit concerned.

2. An election must be—

3. in writing; and
4. signed by the ratepayer or an authorised representative of the ratepayer; and
5. returned to the local authority concerned no later than the date specified in the invitation as being the final date for a ratepayer to elect to make a lump sum contribution.

6. A rating unit in respect of which the eligible ratepayer does not elect to make a lump sum contribution will be liable for the targeted rates specified in the invitation that relate to the category of rating unit to which the unit belongs and—

7. that apply to a rating unit in respect of which the ratepayer has not elected to make a lump sum contribution; and
8. that apply to a rating unit whether or not the ratepayer in respect of the rating unit has elected to make a lump sum contribution.