Regulation 2 Valuation for rating of former enterprise zones

Regulation 1 of the Valuation for Rating (Former Enterprise Zones) Regulations 1991^f1 is amended by the insertion after paragraph (2) of the following paragraph—

“3

To the extent that it would not otherwise fall to be so treated, a hereditament or part of a hereditament which is constructed as an upper storey or storeys to a building or part of a building and which is wholly located directly above land which has ceased to form part of an enterprise zone shall be treated—

(a)

for the purposes of paragraph (2)(c) and (d), as ceasing to form part of a zone; and

(b)

for the purposes of regulation 2, as having been situated within such a zone.”.