2. Section 238 of the Municipal Councils Ordinance is hereby amended as follows: -
| (1) by the renumbering of that section as sub-section (1) of that section; |
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| (2) in the renumbered sub-section (1), by the substitution, for the words " It shall not ", of the words " Subject to the provisions of sub-section (2), it shall not "; |
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| (3) by the insertion, immediately after the renumbered sub-section (1), of the following new sub-section: - (4) by the substitution, for the marginal note thereto, of the following marginal note: - | | ' (2) It shall be the duty of a Municipal Council to prepare once in every five years a list of assessments of annual values (to be called the " quinquennial list") in respect of each house, building, land and tenement within the Municipality, and upon the preparation of such quinquennial list,-
| | | (a) the annual values which appear in such quinquennial list shall be entered by the Council in the " Assessment Book " required to be kept by the Council under section 235; and |
| (b) the annual values appearing in such last-prepared quinquennial list shall, subject to the provisions of this Ordinance, be the annual values in relation to which the Council shall make and assess any rate or rates referred to in section 230.'; and |
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Sri Lanka Consolidated Acts