(1)Where a rate is subject to a maximum under this Part of this Act the notice of the rate given under section 4 of the [1967 c. 9.] General Rate Act 1967—
(a)shall include a statement by the proper officer of the rating authority to the effect that the rate complies with the maximum ; and
(b)shall (without prejudice to any other method of publication allowed by that section) be published in a newspaper circulating in the area of the authority ;
and a statement to the same effect by the proper officer of the authority shall be included in every demand note on which the rate is levied.
(2)Where a precept is subject to a maximum under this Part of this Act the precept shall include a statement by the proper officer of the precepting authority to the effect that the precept complies with the maximum.
(3)Where a rate gives effect to a precept which is subject to a maximum under this Part of this Act, then—
(a)if the rate falls within subsection (1) above, the statements required by that subsection shall include a statement to the effect that the precept complies with the maximum; and
(b)if the rate does not fall within that subsection, the requirements of that subsection shall apply to the notice of the rate and the demand notes on which it is levied with the substitution for the reference to the rate in paragraph (a) of that subsection of a reference to the precept.
(4)Subsection (1) above shall apply to the City of London with the substitution for the reference to section 4 of the said Act of 1967 of a reference to section 20(1) of the [1907 c. cxl.] City of London (Union of Parishes) Act 1907.
(5)The statements required by subsections (2) and (3) above in a case within section 1(5) above shall be to the effect that the relevant part or parts of the precept comply with the maximum applicable to that part or, as the case may be, each of those parts.