THE KARNATAKA MUNICIPAL CORPORATIONS AND CERTAIN OTHER LAW (SECOND AMENDMENT) ACT, 2021 ARNATAKA ACT NO 02 OF 2022 (First published in the Karnataka Gazette Extra-ordinary on the 13th day of January, 2022) (Received the assent of the Governor on the 11th day of January, 2022) An Act further to amend the Karnataka Municipal Corporations Act, 1976andthe Karnataka Municipalities Act, 1964. Whereas it is expedient further to amend the Karnataka Municipal Corporations Act, 1976 (Karnataka Act 14 of 1977) and the Karnataka Mu-nicipalities Act, 1964 (Karnataka Act 22 of 1964) for the purposes hereinaf-ter appearing; Be it enacted by the Karnataka State Legislature in the seventy second year of the Republic of India as follows:- 1. Short title and commencement.- (1) This Act may be called the Karnataka Municipal Corporations and Certain other Law (Second Amend-ment) Act, 2021. (2) It shall come into force at once. 2. Amendment of the Karnataka Act 14 of 1977.- In the Karnataka Municipal Corporations Act, 1976 (Karnataka Act 14 of 1977),- (i) in section 108,in sub-section (2),after clause (c), the following shall be inserted, namely:- “(d) industrial building at such percentage not being less than seventy percent of rate levied in case of commercial building in accordance with clause (a): Provided that, the percentage so fixed shall not be less than the rate levied in case of residential buildings and buildings other than commercial in accordance with clause (b).” (ii) in section 110, in sub-section (1),- (a)in clause (j), after the word “commercial” the words “or industrial” shall be inserted. (b) in the second proviso, after the word “commercial” the words “or industrial” shall be inserted. 3. Amendment of the Karnataka Act 22 of 1964.- In the Karnataka Municipalities Act, 1964 (Karnataka Act 22 of 1964),- (i) in section 94, in sub-section (1-A),- (a) in clause (j), after the word “commercial” the words “or industrial” shall be inserted; and (b) in the second proviso, after the word “commercial” the words “or industrial” shall be inserted. (ii) in section 101, in sub-section (2), after clause (c), the following shall be inserted, namely:- “(d) industrial building at such percentage not being less than seventy percent of rate levied in case of commercial building in accordance with clause (a) of sub-section (2) of taxable capital value of the building: Provided that, the percentage so fixed shall not be less than the rate lev-ied in case of residential buildings and buildings other than commercial in accordance with clause (b).” |