Procedure for imposing taxes

(1) For the purpose of imposing a tax under this Act, the Council shall pass a resolution determining the levy of tax specifying the rate at which and the date from which such tax shall be levied. (2) Any proposal to levy or increase the rate of any tax or to effect any change in the mode of levy or the manner of collection, shall be placed before the council and the Council after due consideration shall pass necessary resolution approving or modifying the proposal. (3) The resolution passed by the Council shall be published in such manner as may be prescribed calling for any objections and suggestions from the tax payers of the municipality in regard to the proposed levy, increase or change in the mode of levy or manner of collection within such time as may be prescribed. (4) On the expiry of the period prescribed, the Council shall consider the objections and suggestions received in regard to the proposed levy, increase or change in the mode of levy or manner of collection and pass necessary resolution approving the proposal with or without modification.