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(a) §§ 711-4(b)(4.5), 711-5(b)(3.5), and 711-6.5 of this chapter shall become operative on January 1st of the year following the year in which the State Board of Equalization adopts an assessment ratio for state-assessed property which is identical to the ratio which is required for local assessments by § 401 of the Revenue and Taxation Code, at which time §§ 711-4(b)(4), 711-5(b)(3), and 711-6 shall become inoperative.

(b) In the event that §§ 711-4(b)(4.5), 711-5(b)(3.5), and 711-6.5 of this chapter become operative and the State Board of Equalization subsequently adopts an assessment ratio for stat-assessed property which is higher than the ratio which is required for local assessments by § 401 of the Revenue and Taxation Code, §§ 711-4(b)(4), 711-5(b)(3), and 711-6 shall become operative on the first day of the month next following the month in which such higher ratio is adopted, at which time §§ 711-4(b)(4.5), 711-5(b)(3.5), and 711-6.5 of this chapter shall be inoperative until the first day of the month following the month in which the Board again adopts an assessment ratio for state-assessed property which is identical to the ratio required for local assessments by § 401 of the Revenue and Taxation Code at which time §§ 711-4(b)(4.5), 711-5(b)(3.5), and 711-6.5 shall again become operative and §§ 711-4(b)(4), 711-5(b)(3), and 711-6 shall become inoperative. (Ord. 948, § 4, 10/9/1973)