Interpretation2
In these Regulations—
“the Act” means the Local Government Finance Act 1988;
“appropriate valuation officer”—
- a
in relation to a hereditament in respect of which regulations under section 53(1) of the Act (contents of central lists)3 are in force, means the central valuation officer;
- b
in relation to any other hereditament, means the valuation officer compiling or maintaining a local non-domestic rating list4 in which the hereditament is shown;
- a
“company” has the meaning given by section 1(1) of the Companies Act 20065;
“holding company” and “subsidiary” have the meanings given by section 1159 of the Companies Act 2006;
“new hereditament” means a hereditament which comes into existence because—
- a
property previously rated as a single hereditament becomes liable to be rated in parts;
- b
property previously rated in parts becomes liable to be rated as a single hereditament;
- c
a hereditament or any part of a hereditament becomes part of a different hereditament;
- a
“qualifying improvement works” has the meaning given by regulation 4;
“qualifying period”, in relation to a hereditament, means the period mentioned in paragraph 3(1)(a) of Schedule 4ZA or in paragraph 3(2) of Schedule 5A to the Act;
“relevant certificate” means a certificate issued under regulation 5;
“relevant predecessor hereditament”, in relation to a new hereditament, means a hereditament in relation to which the qualifying improvement works were commenced or which includes land which formed part of that hereditament.