Paragraph 1 Case where this Schedule applies

This Schedule applies—

(a)

where—

(i)

on a day (“the creation day”) on or after 1st April 2005 a hereditament (“new hereditament”) comes into existence by virtue of—

(aa)

property previously rated as a single hereditament becoming liable to be rated in parts;

(bb)

property previously rated in parts becoming liable to be rated as a single hereditament; or

(cc)

a hereditament or any part of a hereditament becoming part of a different hereditament;

(ii)

immediately before the creation day a hereditament from which the new hereditament was formed in whole or in part (“old hereditament”) was a defined hereditament, or, in the case where the creation day is 1st April 2005, an old hereditament was shown in the local list for 31st March 2005; and

(iii)

a rateable value, which is greater than zero, is shown for the new hereditament in the local list for—

(aa)

the creation day;

(bb)

the relevant day (if different from the creation day), and

(cc)

each day (if any) falling after the creation day and before the relevant day; or

(b)

where—

(i)

on a day (“the creation day”) on or after 1st April 2005 a new hereditament comes into existence by virtue of—

(aa)

property previously rated as a single hereditament becoming liable to be rated in parts;

property previously rated in parts becoming liable to be rated as a single hereditament; or

(cc)

a hereditament or any part of a hereditament becoming part of a different hereditament;

(ii)

immediately before the creation day each hereditament from which the new hereditament was formed in whole or in part (“old hereditament”) was shown in the central list for 31st March 2005; and

(iii)

a rateable value, which is greater than zero, is shown for each new hereditament in the central list for—

(aa)

the creation day;

(bb)

the relevant day (if different from the creation day), and

(cc)

each day (if any) falling after the creation day and before the relevant day.