Paragraph 19 F1
(1)
A rate of return is to be set by the rate-assessor as a percentage figure.
(2)
The figure may be—
(a)
zero, or
(b)
a negative or positive number.
(3)
If the figure is not a whole number (including zero), the number is to comprise or incorporate a decimal fraction of 0.25, 0.5 or 0.75.
Annotations
Textual amendments
- F1
Sch. B1 inserted (S.) (1.7.2019) by Damages (Investment Returns and Periodical Payments) (Scotland) Act 2019 (asp 4), s. 9(2), sch.; S.S.I. 2019/197, reg. 2