Paragraph 14
(1)
Amend Article 31 (reduction of rates on certain hereditaments used for recreation) as follows.
(2)
In the following provisions for “valuation list” substitute “ NAV list ”
(a)
paragraph (2)(c);
(b)
paragraph (3).
(3)
In paragraph (4)—
(a)
for “valuation list” where it first occurs substitute “ NAV list ”;
(b)
in sub-paragraph (a), for “valuation list” substitute “ list ”.
(4)
In paragraph (6), in the definition of “the normal rate”, after “in respect of” in the second place where it occurs insert “ the rateable net annual value of ”.