Section 3. 3. Amendment of sections 3 and 75 of Bom. XVIII of 1925.

In the Boroughs Act,- (a) in section 3, after clause (17), the following clause shall be inserted, and shall be deemed always to have been inserted, namely:- "(17A) rate on buildings or lands includes any tax imposed on buildings or lands;"; (b) in section 75, for the Explanation at the end, the following Explanation shall be substituted, and shall be deemed always to have been substituted, namely :- "Explanation.- For the purposes of a rate on buildings or lands, the basis of valuation may be- (i) the annual letting value; (ii) the annual value; (iii) the floor area, in the case of Mills, Factories and buildings and lands connected therewith; (iv) the capital value, in the case of vacant lands."