Clause 3

by deleting the words “authenticated under section 15” in the penultimate line of subsection (1);

by deleting subsection (2) and substituting the following subsections:“(2) The tax shall be payable by the owner of such property —

in the case of tax payable under subsection (1), yearly in advance without demand, in the month of January; and

without prejudice to paragraph (a), where the Comptroller has served a notice for payment of the tax under this Act, within one month of the service of that notice.(2A) The Comptroller may, in his discretion, extend the period for payment referred to in subsection (2) within which payment of the tax is to be made.”;

by deleting subsection (7) and substituting the following subsection:“(7) Notwithstanding any other provision in this Act, the Minister may, in respect of any public authority or body corporate constituted under any written law, order that in lieu of the tax payable under this Act, the public authority or body corporate shall —

in a case equivalent to the payment of tax under subsection (1), yearly in advance without demand, in the month of January; and

without prejudice to paragraph (a), where the Comptroller has served a notice for payment, within one month of the service of that notice,pay to the Government the sum of which is to be calculated on such basis as may be deemed equitable by the Minister.”; and

by deleting the words “or July, as the case may be, in each year,” in the 2nd and 3rd lines of subsection (7A) and substituting the words “in each year or from the end of one month from the date of the service of a notice for payment of the tax, as the case may be,”.