PART 3Cases to which the prescribed rules apply

I18

For the purpose of section 58(2) of the Act, the cases are those that fall within the descriptions prescribed in regulation 9, and do not fall within the descriptions prescribed in regulation 10.

Annotations:
Commencement Information
I1

Reg. 8 in force at 31.12.2022, see reg. 1(2)

Prescribed descriptionsI29

A defined hereditament where—

a

the NCA is greater than the sum calculated by applying the formula—

BL+100math

, and

b

on the relevant day, the occupier of the hereditament is the same person as the occupier on 31 March 2023.

Annotations:
Commencement Information
I2

Reg. 9 in force at 31.12.2022, see reg. 1(2)

ExceptionsI310

A defined hereditament where on the relevant day—

a

the chargeable amount would otherwise be zero under F1paragraph 2 of Schedule 4ZB to the Act10, or

b

an apportionment under section 44A(1) of the Act11 applies to the hereditament and has effect in relation to the chargeable amount.