Paragraph 4 I1

in subsection (2)(a) for “, 45A, 54 or 54ZA” substitute “or 54”;

for subsection (3) substitute—

“(3)

The provisions are that the chargeable amount is to be such amount as is found in accordance with rules prescribed under this section instead of in accordance with Schedule 4ZA, 4ZB or 5A (as the case may be).”;

in subsection (7), for “whose rateable value exceeds” to the end substitute “as regards which A exceeds, and those as regards which A does not exceed”;

after that subsection insert—

“(7A)

For the purposes of subsection (7)—

(a)

“A” has the meaning it has in Schedule 4ZA or 4ZB (as the case may be);

(b)

a locally listed hereditament is a hereditament for the time being shown in a local non-domestic rating list.”