Restriction on the Imposition of rates

30.(1) The rate on holdings shall not exceed fifteen percentum on the annual value of holdings; (2) The Corporation at a meeting may, either wholly or partially, exempt from the rate on holdings any holding which is used exclusively as a place of public worship or for purposes of public charity or as public burial or burning ground under this Act or as a mortuary. (3) The water rate shall not be levied at more than seven and half per centum and shall be imposed only on holdings within an area for the supply of water to which the Corporation has made arrangements. (4) The conservancy rate shall not be levied at more than ten per centum on the annual value of the holdings and the Corporation shall make arrangements for the cleansing of all latrines, urinals and cess-pools. A rebate of seventy-five per centum of the conservancy rate levied on a holding shall be allowed if the holding is provided with necessary sanitary-type latrines in working order and with no service privy or service-urinal.