We have a property in Norton St owned by Co.As.It who are a registered not-for-profit charity. The property was receiving 100% non-ratability until they leased a large portion to Montessori School. We requested and received a separate valuation for the area that is leased and have levied rates on it. Co.As.It are now requesting a review of the decision to rate the leased area. Would appreciate your comments on this one.
Glynes
IWC – Leichhardt
I’m guessing the original exemption was granted under 556 (h)land that belongs to a public benevolent institution or public charity and is used or occupied by the institution or charity for the purposes of the institution or charity.
I would say they no longer comply with that section due to the property being leased.
In their review request how are they evidencing that they still comply with 556 (h)?