In Schedule 1 to the principal Regulations (calculation of the annual value of the right to win and work minerals)—
(a) for paragraph 3(1) substitute—
(1) deducting from the net annual value of the site the figure shown in the local non-domestic rating list as its rateable value;
(b) in paragraphs 4(1), 5(2), 6(1) and 6(2) for “specified in the valuation list” substitute “shown in the local non-domestic rating list” and in paragraph 4(1) for “specified in that list” substitute “shown in that list”;
(c) in paragraph 5(1) omit “(as specified in the valuation list)”;
(d) in paragraph 6(1) for “net annual value” substitute “rateable value”;
(e) for paragraph 7 substitute—
(7) For the purposes of paragraphs 3 to 6 of this Schedule—
(1) the appropriate factor is the sum ascertained by multiplying the retail prices index for the month in which theorder took effect by the figure of 0.0094518 and rounding up the figure resulting from that calculation to the nearest two decimal places;
(2) the net annual value of a site is the sum certified by the valuation officer as the sum which would have been the rateable value of the site if no account had been taken of regulation 5 of the 1989 Regulations and, in the case of a site to which paragraph 8 applies, if the site had formed one hereditament.
(f) in paragraph 8 for “valuation list” substitute “local non-domestic rating list” and for “valuation lists” substitute “local non-domestic rating lists” wherever those expressions occur and omit “the net annual value of the site and”;
(g) for paragraph 9 substitute—
(9)
(1) Subject to sub-paragraph (2), reference to the rateable value of the site shall be taken to refer to the rateable value shown for the site in the local non-domesticrating list on the day on which the claim for compensation is made in relation to the order.
(2) Where, at the date when a claim for compensation is made in relation to the order—
(i) a proposal has been made under regulations made under section 55 of the 1988 Act for the alteration of the local non-domestic rating list in relation to a hereditament which consists of, includes, or forms part of the site to which the order relates;
(ii) that proposal relates to an alteration which would take effect from a date which is on or before the date when the order takes effect;
(iii) that proposal has not been withdrawn; and
(iv) no alteration has been made to the local non-domestic rating list as a result of that proposal and no final decisionon the proposal has been issued,
reference to the rateable value of the site shall be taken to refer to the value which results from the final determination of that proposal.