3

Subject to paragraph (4), a reference in these Regulations to the rateable value shown, or which would have been shown, in a list for a hereditament or against the name of a designated person15 for any day is taken to be a reference to the value found by applying the definition of “A” in paragraph 10(2) of Schedule 4ZA or paragraph 6(2) of Schedule 5A to the Act (as the case may be).

4

Paragraph (3) does not apply in relation to references to rateable value in the following provisions of these Regulations—

a

regulation 5;

b

paragraph 1(c) of the Schedule.