Section 44:
Power to exempt from municipal taxation.
When a tramway is constructed under this
Act within the limits of a municipality, the State Government may exempt the animals, plant,
rolling-stock, yards, workshops, engine-sheds, 1[electrical generating stations or sub-stations] and
depots of the promoter, lessee or licensee, for such period as it thinks fit, from all or any municipal taxes
leviable within those limits.
Notes:
1. Ins. by Act 5 of 1911, s. 7.