1964_RATING_ORDINANCE — Page 10

1987 Ed.]

Rating

[CAP. 116

rating purposes to be a separate tenement in the occupation of the person for the time being entitled to the right and, for the purpose of sections 7 and 7A,- (Amended, 33 of 1981, s. 6)

(a) in valuing that separate tenement for rating purposes, the rent at which it might be expected to be let shall be estimated as if the rent would include a proper amount in respect of any structure or sign for the time being available for use, for the purpose of exhibiting advertisement, by the occupier of the separate tenement, notwithstanding that the structure or sign was provided by him or was provided after the said right was let, reserved or otherwise granted;

(b) in valuing the land on which the separate tenement exists for rating purposes, no account shall be taken of any value or increased value arising from the use of the land for the purpose of exhibiting advertisements in accordance with the said right.

(2) The separate tenement aforesaid shall be treated as coming into existence at the earliest time at which either---

(a) any structure or sign is erected in exercise of the said right;

or

(b) any advertisement is exhibited in pursuance of the right.

(3) For the purpose of section 24 the erection, dismantling or alteration of any structure or sign, in exercise of the right under subsection (1), shall be treated as a structural alteration of the tenement.

(4) Where land is used temporarily or permanently for, or for the erection of, a structure used for or in connection with, the exhibition of advertisements but is not otherwise occupied, and subsection (1) does not apply, the person permitting the land to be so used or, if that person cannot be ascertained, the owner of the land shall be deemed to be in occupation of the land and be liable to pay rates in respect thereof according to the value of that use of the land. (Amended, 33 of 1981, s. 6)

(5) Where a tenement, which is liable for assessment to rates in respect of its occupation for other purposes, is used temporarily or permanently for, or for the erection thereon of a structure used for or in connection with, the exhibition of advertisements, and subsec- tion (1) does not apply, any estimate of the rateable value of the tenement for the purpose of sections 7 and 7A shall include the increased value arising from that use of the land. (Amended, 33 of 1981, s. 6)

(6) Where an advertisement is exhibited on any land, and subsections (1), (4) and (5) do not apply, the advertisement shall be deemed for rating purposes to be a separate tenement and shall be valued for rating purposes as if it were a separate tenement under subsection (1).

a

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