Schedule 7

SEVENTH SCHEDULERegulation 15(1)(e)discounting for leasehold landFirst columnSecond columnTenure in yearsPercentage of freehold value1.One year3.8%2.2 years7.5%3.3 years10.9%4.4 years14.1%5.5 years17.1%6.6 years19.9%7.7 years22.7%8.8 years25.2%9.9 years27.7%10.10 years30.0%11.11 years32.2%12.12 years34.3%13.13 years36.3%14.14 years38.2%15.15 years40.0%16.16 years41.8%17.17 years43.4%18.18 years45.0%19.19 years46.6%20.20 years48.0%21.21 years49.5%22.22 years50.8%23.23 years52.1%24.24 years53.4%25.25 years54.6%26.26 years55.8%27.27 years56.9%28.28 years58.0%29.29 years59.0%30.30 years60.0%31.31 years61.0%32.32 years61.9%33.33 years62.8%34.34 years63.7%35.35 years64.6%36.36 years65.4%37.37 years66.2%38.38 years67.0%39.39 years67.7%40.40 years68.5%41.41 years69.2%42.42 years69.8%43.43 years70.5%44.44 years71.2%45.45 years71.8%46.46 years72.4%47.47 years73.0%48.48 years73.6%49.49 years74.1%50.50 years74.7%51.51 years75.2%52.52 years75.7%53.53 years76.2%54.54 years76.7%55.55 years77.3%56.56 years77.9%57.57 years78.5%58.58 years79.0%59.59 years79.5%60.60 years80.0%61.61 years80.6%62.62 years81.2%63.63 years81.8%64.64 years82.4%65.65 years83.0%66.66 years83.6%67.67 years84.2%68.68 years84.5%69.69 years85.4%70.70 years86.0%71.71 years86.5%72.72 years87.0%73.73 years87.5%74.74 years88.0%75.75 years88.5%76.76 years89.0%77.77 years89.5%78.78 years90.0%79.79 years90.5%80.80 years91.0%81.81 years91.4%82.82 years91.8%83.83 years92.2%84.84 years92.6%85.85 years92.9%86.86 years93.3%87.87 years93.6%88.88 years94.0%89.89 years94.3%90.90 years94.6%91.91 years94.8%92.92 years95.0%93.93 years95.2%94.94 years95.4%95.95 years95.6%96.96 years95.7%97.97 years95.8%98.98 years95.9%99.99 years96.0%