9.—(1) The tax payable in respect of each year shall be at the rate of 36%* upon the annual value of every property included in the Valuation List.
*12% from 1.7.96 — See G.N. No. S 114/96.
*10% from 1.7.2001 — See G.N. No. S 205/2001.
(2) The Minister may, by order published in the Gazette, direct that the tax payable in respect of properties within any area or areas shall be at such a rate or rates being less than the rate prescribed by this section for such period or periods as may seem equitable to the Minister.
(3) The Minister may, by order published in the Gazette, direct that the tax payable in respect of —
(a)
any dwelling-house or part thereof; or
(b)
any industrial premises,
occupied as such by the person whose name appears in the Valuation List as the owner of the property concerned, shall be at a rate less than the rate prescribed by this section.