11. However, the long lapse of time between revaluations had resulted in large increases in rateable values . 12. It revalued rates on commercial premises that have a rateable value of more than ?00, 000. 13. The population is recorded as 227 and the rateable value of the village given as ?, 945. 14. In 1841 there was an increase in the rateable value of the property from ?4 to ?50. 15. Reliefs are administered by the local authority and they do not affect the rateable value of a property. 16. But Mr Siu said it had been an established policy to review the rateable value every three years. 17. The apportionment of the rateable value does not constitute a separate rating assessment made under the Rating Ordinance. 18. City Central won the ballot with 62 % in favour by numbers and 51 % of the rateable value . 19. Democratic Party housing spokesman Lee Wing-tat backed the principle of adjusting the rateable value to reflect the market changes. 20. There have been calls for the revision of the rateable value to reflect the latest changes in market prices.
