The Short Title of this Act is “The Timaru Harbour Board Loan Act 1885 Amendment Act, 1888.”

The definitions contained in section two of “The Timaru Harbour Board Loan Act, 1885,” shall apply to all similar expressions used in this Act.

The following proviso is hereby added to section eleven of “The Timaru Harbour Board Loan Act, 1885:”—

Provided that the said rate shall be made on the capital value of all rateable property in the harbour district; and, for the purpose of making such rate in any borough or other part of the harbour district in which the provisions of “The Rating Act, 1882,” shall not for the time being be in force, the Property-tax Commissioner shall, so long as “The Rating Act, 1882,” shall not be in force in such borough or other part of the said harbour district, on application in writing by the Chairman of the said Harbour Board, and on payment of such sum as will defray the actual cost of copying the same, which sum shall be paid into the Public Account and form part of the Consolidated Fund, forward through the post to such Chairman a valuation-roll, signed by such Commissioner, in the form or to the effect, and compiled in the manner and containing the particulars, mentioned in section four of “The Rating Act, 1882,” but limited to such borough or other part of the harbour district as aforesaid; and the rate by “The Timaru Harbour Board Loan Act, 1885,” authorised to be levied shall, so far as such borough or other part of the said harbour district is concerned, be made on the value fixed opposite each rateable property on such roll, so long as the roll from which the same is compiled shall remain in force, and thereafter shall be made on the value appearing in rolls to be compiled from each succeeding property-assessment roll in like manner.

The provisions of sections four, five; six, seven, nine, and ten of “The Rating Act, 1882,” and section eight thereof, as amended by section four of “The Rating Act 1882 Amendment Act, 1883,” shall apply, mutatis mutandis, to the valuation-rolls to be made hereunder; and the said Harbour Board shall have and may exercise all the powers vested in local bodies by any of the said sections.