The INDIAN TRAMWAYS ACT, 1886

SUPPLEMENTAL PROVISIONS

Section 44: Power to exempt from municipal taxation.

When a tramway is constructed under this Act within the limits of a municipality, the State Government may exempt the animals, plant, rolling-stock, yards, workshops, engine-sheds, 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.