416. Net annual value for rating purposes.

In certain enactments which are discussed in this title (including specified provisions of the Law of Property Act 19251 and the Landlord and Tenant Act 19542), and in any other enactment relating to the jurisdiction of the County Court3, references to the net annual value for rating or rateable value are to be construed as references to a sum equivalent to the last such value of the property concerned immediately before 1 April 19904.

In enactments to which the above provisions apply, references to the net annual value for rating or rateable value of a property which did not have