Procedure preliminary to imposing tax under section 104

A Council before imposing any of the taxes referred to in section 104 shall observe the following preliminary procedure:— (a) it shall, by resolution passed at a special meeting, select for the purpose one or other of the taxes specified in that section and approve the bye-laws concerning the tax selected, and in such bye-laws specify— (i) the classes of persons or of property or of both, which the Council proposes to make liable, and any exemptions which it proposes to make; (ii) the amount or rate at which the Council proposes to assess each such class; (iii) the mode of levying and recovering the tax and the dates on which it or instalments (if any) thereof shall be payable; (iv) all other matters which the Government by rules made in this behalf may require to be specified therein; (b) when such a resolution is passed, the Council shall take further action to obtain the previous sanction of the Government to the bye-laws under section 307.