31(1)The Schedule (splits and mergers) is amended as follows.E+W
(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.
Commencement Information
I1Sch. para. 31 in force at Royal Assent, see s. 19(1)(c)