TNAG-2662-FCO40-3858-Future-of-Hong-Kong-British-Consulate-General-1992 — Page 135

N

since valuation

the

от

effective date

the

of

the interim correction, alteration or variation shall, in so far as it has not been already paid, be added by the Director to the rent due following the date

the interim valuation,

next payment

of

of

making

the

of correction, alteration

Of t correction,

mont

සු result valuation,

variation

the

for

be

or variation, and if making of the interim alteration the lot is reduced,

overpaid by the

or

any amount found to

Grantee may be deducted by the Director from the next payment of rent due following the date

of

the making of the interim valuation, correction, alteration or variation, or shall otherwise credited to the account of or refunded to the Grantee:

bo

Tenement partly on lot

(iii)

tenement shall

partly within

the

Notional

rateable value

Deletion of rateable value

deemed to be comprised lot if the building in

which it is contained stands partly within the lot; and where a tenement is so deemed to be comprised partly within the lot, there shall determining

be

included

the

for

the

of

tha

purpose of the lot

rateable

rateable value only the Same proportion of value

in the list declared or the interim valuation made under the Rating Ordinance or, as the

case may be, the rateable value fixed under sub-clauses (d)(iv), (d)(v) and (d) (vi) hereof, as, in the opinion of the Director whose decision thereon shall be final, the area of the lot bears to the area of all tha lots on which the building stands;

(iv) in the event that no rateable value has been ascertained under the Rating Ordinance in respect of tenement, whether by reason of the exemption of assessment to Director may

(v)

value

rates

if

Such

or

tenement from

otherwise, the

rates cause to be fixed such rateable the tenement were assessable to under that Ordinance, and the rateable value so fixed shall be the rateable value of the tenement;

in the event that as

result Of the demolition of

tenement or of a terement being unoccupied by reason of an order of the Government its rateable value is deleted under the Rating Ordinance, the rateable value

of the lot shall, if the Director in his absolute discretion thinks fit and until

Page 135Page 136