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APPLICATION IN TERMS OF COUNCIL APPROVED DEBT REHABILITATION INCENTIVE : AF 462024 RESIDENTIAL PROPERTY VALUE LESS THAN R 3 000 001 Date Account Number Account Holder Name Physical AddressPostal Code

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What is city debt rehabilitation incentive?

The city debt rehabilitation incentive is a program designed to encourage the rehabilitation of financially distressed municipalities by offering financial relief or incentives to restructure and manage existing debts.

Who is required to file city debt rehabilitation incentive?

Municipalities that are facing financial distress and seeking to rehabilitate their debts are required to file for the city debt rehabilitation incentive.

How to fill out city debt rehabilitation incentive?

To fill out the city debt rehabilitation incentive, municipalities need to complete the designated application form, provide financial statements, a rehabilitation plan, and any other required documentation as specified by the governing body overseeing the program.

What is the purpose of city debt rehabilitation incentive?

The purpose of the city debt rehabilitation incentive is to provide distressed municipalities with necessary support to improve their financial condition, manage their debts effectively, and ensure continued service delivery to residents.

What information must be reported on city debt rehabilitation incentive?

Municipalities must report details regarding their current debt levels, financial condition, proposed rehabilitation plans, and any measures taken to address financial distress.

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