Moved by
Lord Greenhalgh
164: Schedule 9, page 227, line 29, at end insert—
“(6A) The regulations may in particular provide that, except in prescribed cases, the value of a qualifying lease at the qualifying time is to be determined by—
(a) ascertaining the consideration given on the latest disposal of the qualifying lease on the open market to have been made before that time, and
(b) if that disposal occurred before 2022, uprating the consideration in accordance with the regulations.”
Member’s explanatory statement
This amendment mentions the kind of provision that may be made by regulations under paragraph 6(6).