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Commencement Information
I1Sch. 13 wholly in force at 1.11.1993 see s. 188(2) and S.I. 1993/2134, art. 5
7(1)The diminution in value of any intermediate leasehold interest is the difference between—
(a)the value of that interest prior to the grant of the new lease; and
(b)the value of that interest once the new lease is granted.
(2)Each of those values shall be determined, as at the valuation date, in accordance with paragraph 8.