Amendment of current valuation list

Amendment of current valuation list.--The Assessing Authority may at any time, as the Government may direct, make such amendments to the valuation list as it deems necessary in order to bring the valuation list in conformity with changed circumstances and in particular may--

1. (a) correct any clerical or arithmetical error;
2. (b) correct any erroneous insertions or descriptions;
3. (c) make such additions to or corrections in the valuation list as the Assessing Authority considers necessary by reason of--
   • (i) a new building being erected after the publication of the valuation list;
   • (ii) a building included in the valuation list being substantially damaged or altered since the values were last determined;
   • (iii) any change in the ownership of any building or land in respect of which tax is leviable; And any such amendment shall be binding on the person in respect of which it is made.