# Finance (No. 2) Act 2015, Paragraph 3


(1) Section 66 (rate of ten-yearly charge) is amended as follows.
(2) In subsection (4)—
(a) omit paragraph (b) and the “and” following it,
(b) in paragraph (c), before “property” insert “ relevant ”, and
(c) 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;”.
(3) In subsection (6)(a), for “paragraphs (b) and (c)” substitute “ paragraphs (c) to (e) ”.

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Source: https://www.legislation.gov.uk/ukpga/2015/33/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/finance-no-2-act-2015/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.