WHEREAS the Hawke’s Bay Catchment Board has, under the provisions of the Soil Conservation and Rivers Control Act 1941, made and levied rates upon the system of the capital value of all the rateable properties in the classified districts described in section 2 of this Act, rating on the system of the capital value having been adopted because the Board considers flood control works protect improvements on land as well as unimproved lands: And whereas as a result of a change in the system of rating in force in that part of the Taupo County in the Hawke’s Bay Catchment District from rating on the system of the capital value to rating on the system of the unimproved value the Hawke’s Bay Catchment Board will be compelled by section 4 of the Rating Act 1925 to adopt the system of rating on the unimproved value throughout its district: And whereas the Hawke’s Bay Catchment Board considers that in the said classified districts the adoption of a system of rating on the unimproved value would be inequitable without a reclassification of the said areas: And whereas such a reclassification is a lengthy and expensive process involving the possibility of considerable delays in adoption: And whereas until such a reclassification was adopted rates on the unimproved value would have to be made and levied and would produce inequitable and anomalous results: