34.—(1) Income tax shall not be charged in respect of a sewer vested in a local authority in the United Kingdom:
Provided that the foregoing exemption shall not extend to any rent payable or other annual payment to be made by the local authority in respect of the sewer.
(2) In this section—
The expression “sewer” means a sewer maintained by a local authority in pursuance of their statutory duties in relation to the public health;
The expression “local authority” means a public body having power under any enactment relating to the public health to construct and maintain sewers.
