Paragraph 15 Property that is “subject to the standard valuation method”I1

England and Wales Not yet in force

Property comprised in the relevant freehold or notional lease is “subject to the standard valuation method” if—

(a)

this Part of this Schedule requires the standard valuation method to be used in relation to the property, or

(b)

the standard valuation method is to be used (otherwise than where its use is required by this Part of this Schedule) in relation to the property.

Annotations