Determination of percentage of rate of Holding & preparation of assessment List

32.(1) The Corporation at a meeting to be held before the close of the year next preceeding the year to which the rate will apply shall determine the percentage on the valuation of holdings at which any rate on the annual value of holdings shall be levied and the percentage so fixed shall remain in force until the Corporation at a meeting shall determine some other percentage on the valuation of holdings at which the rate will be levied from the beginning of the next year. (2) As soon as possible after the percentage at which the rate or rates shall be levied for the next year has been determined under sub-section (1), the Corporation shall cause to be prepared by the assessor an assessment list, which shall contain the following particulars and any other which the Corporation may think proper to include :- (a) the name and/or number and other particulars of the street in which the holding is situated; (b) the number of the holding on the register; (c) a description of the holding; (d) the annual value of the holdings; (e) the name of the owner and occupier; (f) the amount of rate payable for the year showing each rate separately; (g) the amount of quarterly instalment.