§ For the purpose of obtaining a periodical valuation of undeveloped land the Commissioners shall, in the year nineteen hundred and fourteen and in every subsequent fifth year, cause a valuation to be made of undeveloped land showing the site value of the land as on the thirtieth day of April in that year, and for the purpose of ascertaining the value at that time the provisions of this Act as to the ascertainment of value shall apply for the purpose of ascertaining value on any such periodical valuation as they apply for the purpose of ascertaining the original value:
§ Provided that if on any such periodical valuation any undeveloped land which is liable to Undeveloped Land Duty is for any reason not included in the valuation, the Commisioners may determine the value at any time for the assessment of duty, subject to an appeal under this Act.
§ Drafting Amendments made.
§ Further Amendment made: To leave out the words "determine the value at any time for the assessment of duty," and to insert instead thereof the words "complete the valuation after the expiration of the year of valuation."—[Sir W. Robson.]