XN000022-1994-03-31 — Page 19

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THURSDAY, MARCH 31, 1994

PROPOSALS SERVED BEFORE

APRIL AND AFTER MAY 31

CANNOT BB

ACCEPTED.

THE NECESSARY FORMS CAN BE OBTAINED EITHER FROM THE RATING

17TH FLOOR, HENNESSY VALUATION DEPARTMENT'S OFFICE AT

CENTRE, HENNESSY ROAD, CAUSEWAY BAY, HONG KONG, OR FROM DISTRICT OFFICES.

AND

500

NOTICES REGARDING THE DISPLAY OF THE LIST'S APPEAR TODAY ADVERTISEMENTS AS (THURSDAY) IN THE GAZETTE AND WILL APPEAR IN PRESS REQUIRED BY LAW.

YEARS TO ENSURE ALL RATEABLE VALUES ARE REVIEWED EVERY THREE

FAIRLY AMONG RATEPAYERS IN THAT THE RATES LIABILITY IS DISTRIBUTED PROPORTION TO UP-TO-DATE RENTAL VALUES OF THEIR PROPERTIES.

IN FACT FOR A

THE OVERALL AVERAGE INCREASE IN RATEABLE VALUE IS 33 BUT FOR INDIVIDUAL PROPERTIES THE ACTUAL INCREASE WILL VARY.

FEW PROPERTIES THE

PER CENT

VALUES RATEABLE

WILL BE

REDUCED.

TO

CUSHION THE INITIAL IMPACT OF

ON RATES INCREASE

LIMIT OF 20 PER RATEPAYERS, THE FINANCIAL SECRETARY HAS PROPOSED A

RATES IN EACH CENT ON ANY INCREASE IN

YEARS OF THE

AND 1994/95

1995/96.

THE

IN RESPECT POSSESSION FOR IV OF THE BASED ON 1.7

FOLLOWING THE REVALUATION, COMPENSATION TO TENANTS OF ANY PROPERTY WHERE THE LANDLORD REQUIRES REDEVELOPMENT AND THE TENANCY IS PROTECTED BY PARTS II OR

BE LANDLORD AND TENANT (CONSOLIDATION) ORDINANCE WILL TIMES THE NEW RATEABLE VALUE.

RATE DEMANDS TO BE ISSUED OVER THE NEXT WEEK OR THE NEW RATEABLE VALUES.

SO WILL SHOW

THESE WILL BE

ACCOMPANIED

BY

A

REVALUATION AND THE STEPS TO BE TAKEN IF THE ABOUT THE NEW RATEABLE VALUES.

THE EXPLAINING LEAFLET

RATEPAYER IS IN DOUBT

THOSE WHO

WISH

TO

MAKE

FURTHER

ENQUIRIES ARK

INVITED

то

TELEPHONE OR CALL AT THE RATING AND VALUATION DEPARTMENT.

THE DEMANDS MUST BE PAID ON THE DUE OBJECTION IS MADE TO THE NEW RATEABLE VALUE.

DATE WHETHER OR NOT AN

IF THERE IS ANY CHANGE TO THE RATEABLE VALUE AS A RESULT OF

IF THERE IS OBJECTION THIS WILL DATE BACK TO APRIL 1, 1994 AND REDUCTION IN RATES ANY OVERPAYMENT WILL BE REFUNDED,

AN

ANY

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