SCHEDULE 32 Enterprise Zones
Part V Rates—Scotland
No rates on certain lands and heritages
33
(1)
No person shall be liable to pay rates in respect of exempt lands and heritages as regards any period during which the area in which the lands and heritages are situated is designated as an enterprise zone.
F1Provided that where the lands and heritages are situated only partially within any one enterprise zone their value shall, for the purpose of determining what rates (if any) are payable in respect of the lands and heritages, be apportioned between so much of them as lies within, and so much of them as lies outwith, that zone as if—
(i)
the apportionment were by reason of their extending into two or more rating areas; and
(ii)
the boundary of the enterprise zone were the boundary of such an area.
(2)
Lands and heritages are exempt lands and heritages for the purpose of this paragraph unless—
F2(a)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(b)
the rateable values of the lands and heritages are prescribed under or determined by virtue of an order under section 6 of the Local Government (Scotland) Act 1975 (valuation by formula of certain lands and heritages),
(c)
they are occupied by a public utility undertaking and the value of such lands and heritages falls to be ascertained by reference to the profits of the undertaking carried on therein.
F4(3)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4)
Grants to Compensate Rating Authorities for Loss of Revenue
34
(1)
(2)
Such grants shall be paid out of money provided by Parliament.
(3)
Such grants shall be paid at such times as the Secretary of State may, with consent of the Treasury, determine.
(4)
A grant to a rating authority under this paragraph shall be of such an amount as will fully compensate the authority for the lost revenue mentioned in sub-paragraph (1) above.
Supplementary
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This Part of this Schedule applies only to Scotland.