PART 2Administration and enforcement of non-domestic rates
Valuation roll
I113Meaning of “material change of circumstances”
In section 37 (interpretation) of the 1975 Act, in the definition of “material change of circumstances”—
a
the words from “and, without prejudice to” to the end become paragraph (a), and
b
after that paragraph insert—
b
but does not include any change—
i
in the rent of the lands and heritages (or any other lands and heritages), or
ii
in the level of valuations generally or in the value of lands and heritages generally,