Section Text
SECTION 44: POWER TO EXEMPT FROM MUNICIPAL TAXATION When a tramway is constructed under this Act within the limits of a municipality, the 44[State Government] may exempt the animals, plant, rolling stock, yards, workshops, engine-sheds,45[electrical generating stations or sub-stations] and depots of the promoter, lessee or licensee, for such period as it thinks fit, from all or any municipal taxes leviable within those limits.