To regulate the power of a municipality to impose rates on property (in accordance with section 229(2) of the Constitution);
To provide a uniform framework for regulating the rating of property throughout the country;
To exclude certain properties from rating in the national interest;
To make provision for municipalities to implement a transparent and fair system of exemptions, reductions and rebates through rating policies that are a product of collective participation of communities;
To make provision for fair and equitable valuation methods of properties;
To make provision for a fair objections and appeal process regarding valuation of
To assist in building economically and financially viable municipalities that are enabled to meet the service delivery priorities of their communities.