Friday, March 1, 1974
Tsing Yi Island, which is now linked by a road bridge to the
mainland, will be the first area of the New Territories to be rated on
the urban syston since the Castle Poak Road/Tsuen Wan area was added in
1956. The Financial Secretary has indicated that further rapidly developing
areas will be rated in due course, and it is hoped to make a start on Yuen
Long and Tai Po this year.
The valuation list for the new area will be formally declared,
as required under the Rating Ordinance, by the Commissioner on Friday,
March 8 at 12.15 p.m. in the offices of the Rating and Valuation Department.
It will then be handed over to the Accountant General.
The list, which shows the premises assessed and their rateable valuos,
will be displayed from March 9 to 29 at the Treasury Offices in the Central
Government Officos, West Wing, 2nd Floor, Hong Kong. A copy will also be
available for reference by the public at the Tsuen Wan District Office.
During this period of 21 days, any person may take an extract from
the list and any person who disagrees with the inclusion or exclusion of
premises in the list or the amount of rateable value assessed may servo on
the Commissioner a proposal to amend the list. If the Commissioner does not
agree to a proposal there are also rights of appeal to the District Court.
Notices, setting out details of assessments, wore sent out today
(Friday) to the owners involved and the Valuer concerned will be available
at the department's head office, 1, Garden Road, should any ratepayer wish
to discuss his assessment.
The Courrissioner added that the new rating area has a total rateable
value of just over $20 million and will produce additional revenue of sone
$2 million per annum.