On 22/05/2013,
you requested for the version in force on 22/05/2013
incorporating all amendments published on or before 22/05/2013.
The closest version currently available is that of 22/10/2010.
6. Section 20 of the principal Act is amended —
(a)
by deleting the word “or” at the end of subsection (2)(a)(ii);
(b)
by inserting, immediately after sub-paragraph (iii) of subsection (2)(a), the following sub-paragraphs:
“(iv)
the development cost of that or similar property; or
(v)
the gross takings or receipts derived from the use of that or similar property;”;
(c)
by inserting, immediately after the word “building” wherever it appears in subsection (2)(c), the words “or tenement”;
(d)
by inserting, immediately after the word “property” in subsection (2)(d), the words “or part thereof”; and
(e)
by inserting, immediately after subsection (4), the following subsection:
“(4A) The Chief Assessor may, in his discretion and if he is satisfied that there is any clerical or arithmetic error in the Valuation List in respect of the annual value ascribed to any house, building, land or tenement —
(a)
make an alteration to the Valuation List to correct the error; and
(b)
cancel any notice given under subsection (1) and replace it with another notice to correct such error,
provided that no such alteration or cancellation shall be in respect of any annual value for any period of more than 5 years prior to the date on which the Chief Assessor has ascertained that such an error exists.”.