22
CAP. 112]
Inland Revenue
[1989 Ed.
(4) Any consideration payable in respect of a period of the right of use which is not contained within any one year of assessment shall, for the purposes of this section, be deemed to be payable in equal monthly instalments during the period of the right of use or during a period of 3 years commencing at the start of the period of the right of use to which the consideration relates, whichever is the shorter.
(5) When a person ceases to be liable to property tax in respect of land or buildings or land and buildings during the year of assessment commencing on 1 April 1983, the assessable value of that land or buildings or land and buildings shall be ascertained in accordance with section 5A.
(6) In this section, "consideration" includes any consideration payable in respect of the provision of any services or benefits connected with or related to the right of use.
6.
(Repealed 8 of 1983 s. 7)
(Added 8 of 1983 s. 6)
7.
Reduction and refund in case of unoccupied property
(1) Except for the purposes of section 5B(5), this section shall not apply to any year of assessment commencing on or after 1 April 1983. (Added 8 of 1983 s. 8)
(2) Where it is proved to the satisfaction of the Commissioner that any land or buildings or land and buildings have been occupied for less than 12 months in any year of assessment any property tax payable in respect thereof shall be reduced proportionately and any excess tax paid shall be refunded. (Replaced 36 of 1955 s. 8. Amended 8 of 1973 s. 3; 16 of 1974 s. 3; 76 of 1975 s. 5)
7A. Interpretation
In this Part-
"buildings", except for the purposes of section 5(2), (3), (4) and (5), includes any part of a building; (Replaced 35 of 1965 s. 4)
"land or buildings or land and buildings" includes piers, wharves and other structures;
"occupied", in relation to land or buildings or land and buildings, means land or buildings or land and buildings which are being put to beneficial use. (Replaced 76 of 1975 s. 6)
(Added 36 of 1955 s. 9)
7B.
Claims for refund of property tax
(1) Notwithstanding section 70, a claim made for a refund of property tax under section 5(3) (a), (b), (c) or (d) or under section 7 may be made in writing
22
CAP. 112]
Inland Revenue
[1989 Ed.
(4) Any consideration payable in respect of a period of the right of use which is not contained within any one year of assessment shall, for the purposes of this section, be deemed to be payable in equal monthly instalments during the period of the right of use or during a period of 3 years commencing at the start of the period of the right of use to which the consideration relates, whichever is the shorter.
(5) When a person ceases to be liable to property tax in respect of land or buildings or land and buildings during the year of assessment commencing on 1 April 1983, the assessable value of that land or buildings or land and buildings shall be ascertained in accordance with section 5A.
(6) In this section, "consideration” includes any consideration payable in respect of the provision of any services or benefits connected with or related to the right of use.
6.
(Repealed 8 of 1983 s. 7)
(Added 8 of 1983 s. 6)
7.
Reduction and refund in case of unoccupied property
(1) Except for the purposes of section 5B(5), this section shall not apply to any year of assessment commencing on or after 1 April 1983. (Added 8 of 1983 s. 8)
(2) Where it is proved to the satisfaction of the Commissioner that any land or buildings or land and buildings have been occupied for less than 12 months in any year of assessment any property tax payable in respect thereof shall be reduced proportionately and any excess tax paid shall be refunded. (Replaced 36 of 1955 s. 8. Amended 8 of 1973 s. 3; 16 of 1974 s. 3; 76 of 1975 s. 5)
7A. Interpretation
In this Part-
"buildings”, except for the purposes of section 5(2), (3), (4) and (5), includes
any part of a building; (Replaced 35 of 1965 s. 4)
"land or buildings or land and buildings" includes piers, wharves and other
structures;
"occupied", in relation to land or buildings or land and buildings, means land or buildings or land and buildings which are being put to beneficial use. (Replaced 76 of 1975 s. 6)
(Added 36 of 1955 s. 9)
7B.
Claims for refund of property tax
(1) Notwithstanding section 70, a claim made for a refund of property tax under section 5(3) (a), (b), (c) or (d) or under section 7 may be made in writing
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