This is the original version (as it was originally enacted).
24(1)This Part of this Schedule sets out the standard valuation method.
(2)The standard valuation method consists of steps 1 to 3 (see paragraph 25, paragraph 27 or 28, and paragraph 29).
(3)There are two versions of step 2—
(a)the version in paragraph 27 applies to freehold enfranchisements;
(b)the version in paragraph 28 applies to lease extensions.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
