Section 120 ·

(1) Notwithstanding anything contained elsewhere in this Act, the consolidated rate on lands and buildings in a bustee shall, after deducting therefrom a sum equal to one-eighth of such rate, be paid by the owner of the land in the bustec. (2) Whenever a consolidated rate on land and building in a bustee is leviable, the owner of the land in such bustee may recover from the owner of cach hut standing thercon --- (i) half of the consolidated rate on the land on which the hut stands; and (ii) the consolidated rate on the hut standing on the land. (Part V .- Chapter IX .- Municipal Taxation .- C. Valuation and Assessment List .- Sections 121, 122. D. Tax on professions, trades and callings .- Section 123.) (3) The sum deducted under sub-section (1) shall be retained by the owner of the land in the bustec- (a) as a set-off against the expenses which may be incurred in collecting the portion of the consolidated rate on lands and buildings recoverable under sub-section (2), and