4Restriction on same state and circumstances assumption for new NAV lists

1

Article 39A of the principal Order (time by reference to which, and basis on which, valuations to be made for new NAV list) shall be amended as follows.

2

In paragraph (1) for the words “hereditament was in the same state and circumstances” there shall be substituted the words “ matters mentioned in paragraph (1A) were ”.

3

After paragraph (1) there shall be inserted the following paragraph—

1A

The matters referred to in paragraph (1) are—

a

matters affecting the physical state or physical enjoyment of the hereditament;

b

the mode or category of occupation of the hereditament;

c

matters affecting the physical state of the locality in which the hereditament is situated; and

d

the use or occupation of other premises situated in the locality of the hereditament.