34B   Rating of mines

In the case of a mine:

(a)  if a rate is made and levied for the transition period on a valuation based on output in accordance with section 153 of the old Act—section 118A of the old Act applies to the rate so levied, and

(b)  if a rate is made and levied for the transition period on the land value—section 118A of the old Act does not apply to the rate so levied.