BRITISH INDUSTRY
THE RATING REFORM SCHEME. BURDEN OF RATES LIGHTENED. (British Official Wireless.) (United Press Association.) (By Electric Telegraph—Copyright.) RUGBY, September 25. (Received Sept. 26, at 5.5 p.m.) On Tuesday the rating reform scheme of the late Conservative Government will come into full operation, and from that date British industry will be relieved of three-fourths of the burden of the rates which it has hitherto home. Although assistance has already, been given to agriculture and to certain .of the heavier trades, industry as a whole has yet to receive the benefit, of the greater part (if the scheme, for the purpose of which a sum estimated at some £26,000,000 a year is to be made available. The section of the Act that deals with reform of local government will not come into operation until April next.
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Otago Daily Times, Issue 20833, 27 September 1929, Page 9
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136BRITISH INDUSTRY Otago Daily Times, Issue 20833, 27 September 1929, Page 9
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