Section 18 Exemption from valuation and rating of certain moorings.

After section 8 of the Valuation and Rating (Scotland) Act 1956 there shall be inserted the following section—

“ Exemption from valuation and rating of certain moorings.

8AA

(1)

For the purpose of ascertaining the net annual value of any lands and heritages no account shall be taken of any mooring to which this section applies.

(2)

This section applies to any mooring—

(a)

used or intended to be used by a boat or ship; and

(b)

equipped only with a buoy attached to an anchor, weight or other device—

(i)

which rests on or in the bed of the sea or any river or other waters when in use; and

(ii)

which is designed to be raised from that bed from time to time.”.