Cape Town wires into electronic rates delivery
- 02 Jul 2005
Cape Town’s current two to three week processing period for rates clearance figures from the city’s various municipalities for the purpose of property sales is expected to be slashed substantially following the city’s first phase launch of electronic rates application.
The city’s conversion to electronic delivery from July 4, should, according to a press release from strb Smith Tabata Buchanan Boyes Attorneys, drastically reduce the normal processing period.
It notes that if the pilot project prove mirrors the success as achieved in KZN, current times could be reduced to approximately three days.
Phase two of the process, which will cater for electronic payments and the issuing of the actual clearance certificates, is expected to become operational during the latter part of 2005.