Hong Kong Regulations

RATING (EFFECTIVE DATE OF INTERIM VALUATION) REGULATION - SECT 3

Effective date of interim valuation

(1) Subject to subsection (2), the effective date of an interim valuation in
respect of a tenement in a newly constructed building shall be-

   (a)  in the case of such a tenement to be used wholly or primarily for
        domestic purposes, a date 90 days from the date of issue of the
        document specified in relation to the tenement in section 5; or

   (b)  in the case of any other such tenement-

        (i)    a date 180 days from the date of issue of the document
               specified in relation to the tenement in section 5; or

        (ii)   the date on which that tenement was first occupied, whichever
               is the earlier.

(2) The effective date of an interim valuation in respect of a tenement in a
newly constructed building to which section 5(1)(a) applies and which was
first occupied before the earliest issue of the document specified in relation
to the tenement in that section shall be the date of such first occupation.

(3) Section 71 of the Interpretation and General Clauses Ordinance ( Cap 1)
does not apply to the determination of an effective date under this section.
(53 of 1997 s. 54) (Enacted 1995)