Section 130
Basis of assessment of rate
ActIn forceProvision 122 of 173
Section 130
(2)
If any rate or rates are assessed upon the annual value or holdings such rate or rates shall not exceed—
(a)
thirty-five per centum of the annual value in the case of the rates imposed under section 127;
(b)
(Deleted by Act A865);
(c)
five per centum of the annual value in the case of the rates imposed under section 132.
(3)
If any rate or rates are assessed upon the improved value of holdings such rate or rates shall not exceed—
(a)
five per centum of the improved value in the case of rates imposed under section 127;
(b)
(Deleted by Act A865);
(c)
one per centum of the improved value in the case of rates imposed under section 132.