Paragraph 10 Rateable value: hereditament split or merged after 1st April 2026
(1)
This paragraph applies if the creation day falls on a day after 1st April 2026.
(2)
Subject to sub-paragraph (3) and ignoring any modifications made by regulation 14 (change in rateable value on 1st April 2026)—
(a)
regulation 10 (appropriate fraction); and
(b)
regulation 13 (change in rateable value after 1st April 2026),
have effect in relation to a new hereditament as if for references to 1st April 2026 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 2026 in regulation 10(2)(a), (4)(a), (6)(a) and (7)(a).