SCHEDULES

F2SCHEDULE 1 Valuation and Rating

Annotations:
Amendments (Textual)
F2

Sch 1: the repeal of the Act by Local Government Finance Act 1992 (c. 14), s. 117(2), Sch.14 (with s. 118(1)(2)(4) and saving in s. 118(3)) was brought into force (1.4.1993) as regards Sch. 1 by S.I. 1993/575, art. 2(d),Sch.

Part I Part Residential Subjects

Revaluations

10

Where the assessor makes up a valuation roll in respect of a financial year which is a year of revaluation within the meaning of section 37(1) of the M11975 Act (which defines terms used in that Act), he shall apportion the new net annual value and the new rateable value of any lands and heritages which are part residential subjects as between the residential and non-residential use of the subjects, and shall include in the entry relating to those lands and heritages a new apportionment note.