SCHEDULEConsequential provision
PART 2Provision consequential on sections 5 and 6
I131
1
The Schedule (splits and mergers) is amended as follows.
2
In paragraph 2 (rules for determination of chargeable amount for new hereditament: splits on 1st April 2023), in sub-paragraph (1), omit “early”.
3
In paragraph 3 (rules for determination of chargeable amount for new hereditament: mergers on 1st April 2023), in sub-paragraph (1) omit “early”.
4
In paragraph 4 (rules for determining chargeable amount for new hereditament: splits after 1st April 2023 in an early relevant year)—
a
in the heading, omit “in an early relevant year”;
b
in sub-paragraph (1)—
i
in the words before paragraph (a), omit “early”;
ii
in paragraph (b), omit “and in an early relevant year”.
5
In paragraph 5 (rules for determining chargeable amount for new hereditament: mergers after 1st April 2023 in an early relevant year)—
a
in the heading, omit “in an early relevant year”;
b
in sub-paragraph (1)—
i
in the words before paragraph (a), omit “early”;
ii
in paragraph (b), omit “in an early relevant year”.
6
In paragraph 6 (changes in the value of new hereditament: early relevant year of creation)—
a
in the heading, omit “early”;
b
in sub-paragraphs (1) and (3), for “an early” substitute “a”
.
7
In paragraph 7 (notional chargeable amount for new hereditament: early relevant years)—
a
in the heading, omit “: early relevant years”;
b
in sub-paragraph (1) for “an early” substitute “a”
.
8
In paragraph 8 (base liability for the early relevant year after the year in which the creation day falls)—
a
in the heading, omit “early”;
b
in sub-paragraph (1), for “an early” substitute “the”
.
9
In paragraph 9 (base liability for subsequent early relevant years for new hereditament)—
a
in the heading, omit “early”;
b
in sub-paragraph (1), omit “early”.
10
In paragraph 10 (rateable value: hereditament split or merged after 1st April 2023), in sub-paragraph (2)—
a
after paragraph (a) insert “and”
;
b
omit paragraph (c) and the “and” preceding it.