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valuation became effective under the
Rating Ordinance, and notwithstanding
subsection (2) ·
(a) if there was on the day preceding
the making of the interim
valuation no rateable value of
the tenement as specified in
subsection (2)(a) and no previous
interim valuation of the tenement
nor of any part of the tenement,
the rateable value of the lot or
section for the purposes of this
section is the aggregate of the
interim valuation and the rateable
value under subsection (2) of the
lot or section on the day pre-
ceding the making of the interim
valuation;
(b) if there was on the day preceding
the making of the interim
valuation a rateable value of the
tenement as specified in sub-
section (2)(a) or a previous
interim valuation of the tenement,
the rateable value of the lot or
section for the purposes of this
section shall be determined by
substituting the interim valuation
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for the rateable value or previous
interim valuation;