Finance Act, 1995

Amendment of section 96 (charge of residential property tax) of Finance Act, 1983.

152.Section 96 of the Finance Act, 1983 (as amended by section 116 of the Finance Act, 1994 ) is hereby amended by the substitution of “the rate of tax shall be one and one-half per cent. of that net market value” for “the tax chargeable on that net market value shall be computed in accordance with the Seventh Schedule to the Finance Act, 1994 ”.