Paragraph 3

omit paragraph (b) and the “and” following it,

in paragraph (c), before “property” insert “ relevant ”, and

at the end of paragraph (c) insert—

“(d)

the value of any same-day addition; and

(e)

where—

(i)

an increase in the value of the property comprised in another settlement is represented by the value of a same-day addition aggregated under paragraph (d) above, and

(ii)

that other settlement is not a related settlement,

the value immediately after that other settlement commenced of the relevant property then comprised in that other settlement;”.