Amendment status not verified — confirm the current text below against the official source.
145. (1) A new assessment list shall ordinarily be prepared in the manner prescribed by sections 141 to 144 once in every five years. (2) Subject to any alteration or amendment made under section 147 and to the result of any appeal under section 160 ; every valuation and assessment entered in a valuation list shall be valid from the date on which the list takes effect 1 [in the municipality or part thereof and until the first day of the month next following the completion of the new list].