Property Tax Act |
Property Tax (Valuation by Gross Receipts for Hotel Premises) Order |
O 4 |
G.N. No. S 222/1987 |
REVISED EDITION 1990 |
(25th March 1992) |
[1st July 1986] |
Citation |
1. This Order may be cited as the Property Tax (Valuation by Gross Receipts for Hotel Premises) Order. |
Definitions |
2. In this Order —
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Assessment of annual value |
Statement of gross receipts |
4. Where the annual value of a tourist hotel is to be assessed for any calendar year, its owner or proprietor shall furnish to the Chief Assessor by the end of January of that year or such other month as the Chief Assessor may allow a statement showing for the preceding year the gross receipts of each of the parts of the tourist hotel specified in the first column of paragraph 3. |
Reapportionment of sum total of gross receipts |
5. The Chief Assessor may in his discretion and in any manner he thinks reasonable reapportion between the parts of the tourist hotel specified in the first column of paragraph 3 the sum total of the gross receipts shown in the statement furnished under paragraph 4. |
Assessment for part relating to period less than one year |
6. Where for the purpose of an assessment under this Order the gross receipts of any tourist hotel or part of a tourist hotel set out in the first column of paragraph 3 relate to a period of less than a year, the annual value of that part of the tourist hotel shall be based on the annual equivalent of the actual gross receipts. |
Cessation |
7. In any year where a tourist hotel ceases to be operated as such and the business does not resume in that year, the annual value of the tourist food establishments, tourist public houses and tourist hotel rooms of the hotel for that year shall continue to be assessed according to their gross receipts in the preceding calendar year but their annual value for the year following the year of cessation shall cease to be so assessed. |
Non application of Order |
8. A tourist hotel, tourist food establishment, tourist public house or tourist hotel room shall not be assessed under this Order —
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