Exemption of certain buildings and lands from the levy of Urban Immovable Property tax.

The Urban Immovable Property Tax shall not be leviable in respect of the following:-(a) buildings and lands or portions thereof exclusively occupied for public Worship or for charitable purposes ;(b) buildings and lands vesting in the Central Government;(c) buildings and lands vesting in the State Government or belonging to a Municipality or a local board or a Cantonment Board and used solely for public purposes and not used or intended to be used for purposes of profit ;(d) (i) buildings and lands vesting in the trustees of the Port of Bombay and not used or intended to be used for purposes of profit: and(ii) wharves, docks, piers, Railways and lighthouses (as defined in the Bombay Port Trust Act, 1879) vesting in the Trustees of the Port of Bombay, and used as such and such other properties vesting in the said Trustees as the State Government may notify in this behalf ; and(e) open lands within the limits of the Bombay Suburban and Thana Districts.Explanation.-For the purposes of this section—(1) the following buildings and lands or portions thereof shall not be deemed to be exclusively occupied for public worship or for charitable purposes, namely :-(a) those in which trade or business is carried on ; and (b) those in respect of which rent is derived, whether rent is or is not applied exclusively to religious or charitable purposes;(2) where any portion of any building or land is exempt from the Urban Immovable Property tax by reason of its being exclusively occupied for public worship or for charitable purposes, such portion shall be deemed to be a separate property;(3) " open land " shall mean land which is not built upon or enclosed.