The local non-domestic rating list, or the relevant part of such a list, compiled on 1 April 1990 and maintained in accordance with Part III of the Local Government Finance Act 198810 for an old authority shall on and after 1 April 1996 be a local non-domestic rating list, or part of such a list, of the successor rating authority as if it had been compiled on 1 April 1990 and maintained for the successor rating authority.

For the purposes of paragraph (1), the relevant part of a list compiled for an old authority is that part which shows hereditaments situated in the area of the succesor rating authority.

In this article, “the successor rating authority” has the same meaning as “the successor authority” in section 53(2) of the 1994 Act.