Paragraph 49

(1)

Amend Schedule 14 (distinguishment of industrial hereditaments and freight-transport hereditaments) as follows.

(2)

In paragraph 2(1) for “valuation list” substitute “ NAV list ”.

(3)

In paragraph 3—

(a)

in sub-paragraph (1)—

(i)

for “valuation list” substitute “ NAV list ”;

(ii)

at the end add “ (so far as relevant to its net annual value) ”;

(b)

in sub-paragraph (2), for “valuation list” substitute “ NAV list ”.