26.—(1) Amend Article 42 (distinguishment in valuation list of certain other hereditaments exempted from rates) as follows.
(2) In paragraph (1), for “valuation” substitute “NAV”.
(3) In paragraph (1A), for “valuation” substitute “NAV”.
(4) Omit paragraph (1D).
(5) In paragraph (1E), omit “or (1D)”.
(6) In the heading to that Article, for “valuation” substitute “NAV”.