Paragraph 9

(1)

Amend Article 14 (rating on basis of apportioned value in certain cases) as follows.

(2)

In paragraph (1)—

(a)

for “the valuation list” substitute “ a valuation list ”;

(b)

after “net annual value” in both places where it occurs insert “ or the capital value ”.

(3)

In paragraph (2)—

(a)

after “net annual value” in the first two places where it occurs insert “ or the capital value ”;

(b)

after “net annual value” in the last place where it occurs insert “ or its capital value ”;

(c)

in sub-paragraph (iii) for “the valuation list” substitute “ a valuation list ”;

(d)

for “the valuation list” in the last place where it occurs substitute “ the appropriate valuation list ”.

(4)

In paragraph (3), for “21(1)(a) or (b)” substitute “ 21 ”.