(m) under sections 2, 18(1), 19(1)(b) and 36(1)(l) of the Rating Ordinance (Cap 116) on 18 May 1994:
RESOLVED that-
(a) with effect from 1 April 1994 the percentage prescribed for the purposes of section 18(1) of the Rating Ordinance is in respect of every tenement-
(i) in the Urban Council area-
(A) general rates 2.7%;
(B) Urban Council rates 2.8%;
(ii) in the Regional Council area-
(A) general rates 1.1%;
(B) Regional Council rates 4.4%;
(b) the prescribed percentage for the purposes of section 19(1)(b) of the Rating Ordinance in relation to each of the years beginning on 1 April 1994 and ending on 31 March 1995 and beginning on 1 April 1995 and ending on 31 March 1996 is 20%; and
(c) with effect from 1 April 1994 the amount prescribed for the purpose of section 36(1)(l) of the Rating Ordinance is $2600.