Paragraph 20 F1
(1)
A rate of return that would be arrived at but for this paragraph is to be rounded up or down by the rate-assessor to the nearest figure permitted, if necessary so as to come to—
(a)
a whole number (including zero), or
(b)
a number comprising or incorporating a decimal fraction of 0.25, 0.5 or 0.75.
(2)
If two permitted figures are equally near when rounding under sub-paragraph (1) arises, rounding is to be to whichever of the figures is reached—
(a)
from the positive side of zero, by going towards (or to) zero, or
(b)
from the negative side of zero, by going further below zero.
Annotations
Textual amendments
- F1
Sch. C1 inserted (N.I.) (10.2.2022) by Damages (Return on Investment) Act (Northern Ireland) 2022 (c. 1), s. 5(2), Sch.; S.R. 2022/30, art. 2(c)