854
S.I
No. 6.] THE ORDINANCES OF HONGKONG [A.D. 1900
"Hill District" means any part of the Island of Hongkong above the 600 feet contour, except Chinese villages:
"Interim Valuation" means a valuation made at any time of a tenement which may have been increased or reduced in value since the last valuation thereof, whether by building, destruction of building, or other alteration in the structural condition of the tenement, or which, being rateable, is not already rated; "List" means the Annual Valuation List provided for by this Ordinance:
No. 11 of 1899.
"Machinery" means machinery used for purely industrial or manufacturing purposes, but does not include lifts and machinery used as adjuncts to any tenements occupied as offices, dwellings, or hotels. In making, however, any valuation of such lifts and machinery, the Assessor shall deduct the expenses of working such lifts and machinery from the rateable value thereof, if such expenses are paid by the landlord:
"Owner" means the holder of any tenement direct from the Crown, whether under lease, licence, or otherwise, or the immediate landlord of any tenement, or the agent of any such holder or landlord who is absent or under disability:
"Pier" includes "Wharf":
"Rateable Value" means the rent at which any tenement might reasonably be expected to let, at the time of the valuation, from year to year, if the tenant undertook to pay all usual tenants' rates and taxes, and if the landlord undertook to pay the Crown Rent and the costs of repairs and insurance, with any other expenses necessary to maintain the tenement in a state to command that rent. Such rateable value shall not include the value of any machinery upon or in the tenement. In the case of buildings let to more than one occupier, there may be deducted from the total annual rent of the whole tenement, estimated as aforesaid, a sum not exceeding twenty per cent. of the whole as an allowance for such portions of such buildings as may reasonably be expected to be unlet from time to time during the ensuing year, and the remainder shall be the rateable value:
"Tenement" means any land, with or without buildings, which is held or occupied as a distinct or separate holding or tenancy; any pier or wharf in the waters of the Colony, except such as are exempted by section 17 of the Piers Ordinance, 1899: "Unoccupied," when applied to a tenement, means while such tenement is put to no beneficial use, and, when applied to a building, means while such building is neither used for storage of any goods or chattels nor used for habitation, except by a caretaker.