Rateable value: hereditament split or merged after 1st April 2023E+W
10.—(1) This paragraph applies if the creation day falls on a day after 1st April 2023.
(2) Subject to sub-paragraph (3) and ignoring any modifications made by regulation 16 (change in rateable value on 1st April 2023)—
(a)regulation 10 (appropriate fraction);
(b)regulation 13 (change in rateable value after 1st April 2023); and
(c)regulation 15 (rules for determining chargeable amount: final relevant year),
have effect in relation to a new hereditament as if for references to 1st April 2023 there were substituted references to the creation day.
(3) The modifications in sub-paragraph (2) do not apply in relation to the references to 1st April 2023 in regulation 10(2)(a), (4)(a), (6)(a) and (7)(a).
Commencement Information
I1Sch. para. 10 in force at 23.12.2022, see reg. 2(2)