Amendment status not verified — confirm the current text below against the official source.
1 116F. determination of annual value of building where land is exempted from property tax .— where any vacant land is exempted from property tax under any law for the time being in force, the annual value of any building erected on such land, which is in existence for more than one year and is not entitled to any exemption from such tax under this act or any other law for the time being in force, shall be determined in accordance with the provisions of this chapter.