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What is the meaning of the following terms used in property rating; a. Rateable Value of premises as in Local Government Act 1993, Act 462,

What is the meaning of the following terms used in property rating;

a. Rateable Value of premises as in Local Government Act 1993, Act 462, Section 96(9)

b. Replacement Cost Approach to property rating enshrined in the Local Government Act 1993 Act 462, Section 96.

c. Depreciation as in Local Government Act462, stating the lower and upper limit of owner-occupier premises.

d. Rate Impost

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