1. Where a right to use land for the purpose of exhibiting advertisements is a separate hereditament from the land, in estimating the net annual value of the land account shall not be taken of any value or, as the case may be, of any increased value arising from the use of the land for the purpose of exhibiting advertisements in accordance with that right.N.I.
2. Where any land is used temporarily or permanently for the exhibition of advertisements or for the erection of any structure used for the exhibition of advertisements and the land—N.I.
(a)is not so used under a right which is a separate hereditament from the land; and
(b)is not occupied for any other purpose;
the net annual value of the land shall be estimated by reference to the value of that use of the land[F1 unless but for that use it would be rateable under Article 25A].
3. Where any land is used temporarily or permanently—N.I.
(a)for the exhibition of advertisements; or
(b)for the erection thereon or attachment thereto of any structure used for the exhibition of advertisements;
and the land—
(i)is not so used under a right which is a separate hereditament from the land; and
(ii)[F2either] is occupied for any other purpose and rateable in respect thereof[F2 or is not so occupied and but for that use would be rateable under Article 25A];
the net annual value of the hereditament comprised of or including the land shall be so estimated as to include the increased value arising from that use.
4. In this Part “structure”, without prejudice to the generality of its meaning, includes a hoarding, frame, post or wall.N.I.