11. Rateable occupation is occupying a hereditament so as to be liable to pay a rate.12. The rateable value system was intended as a cross subsidy from wealthier to poorer households. 13. Occupation under any licence is also rateable . 14. Rateable properties, 3, 033.15. Thus, an objection can be made only to the rateable value of the single tenement. 16. In 1841 there was an increase in the rateable value of the property from ?4 to ?50. 17. In 1695 Edward Middleton was working the mill, which then had a rateable value of ?0. 18. However, the long lapse of time between revaluations had resulted in large increases in rateable values. 19. It revalued rates on commercial premises that have a rateable value of more than ?00, 000. 20. But Mr Siu said it had been an established policy to review the rateable value every three years.
