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Date:
Time:
25.11.86
2.15 to 5.00
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Reporter:
JPM
the end agree that this may not necessarily apply in this case is
immaterial, because until the law has been amended the Commissioner
of Rating & Valuation has to carry out his job, and I think the Director of Audit is perfectly within his own right to bring up this particular issue to the Public Accounts Committee, because in terms
of law the Commissioner has not assessed and therefore, there is a
theoretical loss to general revenue. Now in terms of the Urban Council's predicament or situation, I personally accept your predicament and explanation but it also has to be pointed out that
whenever rental is increased to Urban Council or rental increases
are paid by these hawkers and market stalls, it is going to accrue
to the revenue of the Urban Council and not to the general revenue.
Now, in taking consideration of the increase in rentals has the
question of rates been taken into consideration, or it has been as
usual said this is the business between that Government and the
individual stalls?
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SMS:
No, I think the Urban Council did take
that into account but in practical terms there is another consideration,
that if the rating problem were to be introduced at the same time as
this rent revision, it definitely would complicate matters and is likely to delay because of appeals and objections, it is likely to delay the implementation of the rental revision and hence in total
practice it would mean even more loss in revenue.
MR CHEONG:
That I accept if the Rating & Valuation
were to value and rate each and every individual stall, but it would 28 not necessarily have to go through an appeal procedure of millions
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or thousands of stalls, if the Urban Council or Regional Council were to accept a lump-sum valuation.
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CHAIRMAN:
Instead of carrying on this further
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discussion may I put it this way on two accounts: one, either the administration or the Government make a decision about exempting
these rates for market stalls in the near future, otherwise this problem will never be resolved. It is going to be with the Director
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دیا