SCHEDULES

SCHEDULE 2AMENDMENTS

The principal Order

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1

Amend Schedule 12 (basis of valuation) as follows.

2

In Part I (general rule)—

a

in paragraph 2(1)—

i

for “the valuation list” where it first occurs substitute “ a valuation list ”;

ii

for “the valuation list” in the second place where it occurs substitute “ “that list ”;

b

omit paragraph 3.

3

In paragraph 1 of Part 1A (sporting rights), after sub-paragraph (2) insert the following sub-paragraph—

2A

For the purposes of determining the capital value of the hereditament, the right of sporting shall be treated as if it did not exist.

4

In Part II (farmhouses etc.), the existing provision shall become paragraph 1 and after it add the following paragraph—

2

The capital value of a house occupied and used as mentioned in paragraph 1 shall be estimated on the assumption (in addition to those mentioned in Part I) that the house will always be so occupied and used.

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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6

In Part XIII (caravan sites)—

a

omit paragraph 2(2) and (3);

b

in paragraph 3(1), for “valuation list” substitute “ NAV list ”.