It is hereby enacted and ordained pursuant to
the Provisions of the Act of May 25, 1945, P.L. 1050, as amended by
Act 126 of 1976 (Act of July 9, 1976), that from and after January 1, 1980, all taxpayers subject
to the payment of taxes levied and assessed by the Supervisors of
Pennsbury Township shall be entitled to a discount of 2% from the
amount of any such tax or taxes upon payment of the whole amount thereof
within two months after the date of such tax notice, and all taxpayers
who shall fail to make payment of any such taxes charged against them
for four months after the date of such tax notice shall be charged
a penalty of 10%, which penalty shall be added to the taxes by the
Tax Collector and collected by him.