Clause 5

Section 18(7) of the principal Act is amended by deleting the colon at the end of paragraph (d) and substituting a semi-colon, and by inserting immediately thereafter the following paragraph:“(e)the Chief Assessor is of the opinion that the annual value of any property or part thereof in the Valuation List required to be assessed on the basis of gross receipts by any order made under section 6A does not correctly represent the annual value as evidenced by the gross receipts arising from the use of that property for the purposes of any trade or business and determined in the manner specified in the order:”.