If the ratio between the exemption for veterans
granted under § 458 of the Real Property Tax Law and the
total assessed value of the real property for which such exemption
has been granted increases or decreases due only to a full value assessment
in the Town of Clarence, the amount of the exemption heretofore or
hereafter granted shall be increased or decreased in the same proportion
as the total assessed value is increased or decreased.
The adjustment provided for in §
199-3 shall be made by the Assessor in the manner provided in Subdivision 1(3) of § 458 of the Real Property Tax Law. No application therefor need be filed by or on behalf of any owner of any eligible property.