 Rateability of advertising signs was provided in Section 9 of the Rating Ordinance, first introduced in 1973.The gist of the section is to regard the right to use land for exhibiting advertisements as a separate tenement (and thus rateable) and to include the value of the advertising station in the assessed rateable value of the land.As such, all advertising signs are rateable either as separate tenements or by adding their value to the “host” tenements at which they are situated.