(1) The 1988 Act is amended as follows.
(2) In Schedule 4ZA—
(a) after paragraph 8, insert—
(1) Where this paragraph applies in relation to a hereditament, the chargeable amount for a chargeable day is to be calculated in accordance with the formula—
((A x M) / C) - F
(2) This paragraph applies in relation to a hereditament where—
(a) the hereditament is situated in Wales, and
(b) on the day concerned, in relation to the hereditament—
(i) conditions prescribed by the Welsh Ministers in regulations are satisfied, and
(ii) F is an amount that is greater than 0 but less than the sum of—
(A x M) / C
(3) Regulations under sub-paragraph (2)(b)(i) may—
(a) prescribe more than one condition or set of conditions that may be satisfied such that this paragraph applies;
(b) make provision about the application of more than one condition or set of conditions in relation to a hereditament.
(1) Where this paragraph
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