Paragraph 4 The Landlord and Tenant Act 1954 (c. 56)

In section 37^f1 –

(a)

in subsection (2), “(5E)” shall be substituted for “(5D)”; and

(b)

after subsection (5D) there shall be inserted the following subsection–

“(5E)

Any deduction made under paragraph 2A of Schedule 6 to the Local Government Finance Act 1988 (deduction from valuation of hereditaments used for breeding horses etc.) shall be disregarded, to the extent that it relates to the holding, in determining the rateable value of the holding under subsection (5) of this section.”.

Annotations

Footnotes

f1: Section 37 was amended by section 11 of the Law of Property Act 1969 (c. 59), paragraph 4 of Schedule 33 to the Local Government, Planning and Land Act 1980 (c. 65) and paragraph 2 of Schedule 7 to the Local Government and Housing Act 1989 (c. 42).