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Article 8 Supplementary

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

Where the undertaking carried on by an Authority in any financial year consists of or comprises lands and heritages in any valuation area which fall within the prescribed class of lands and heritages, the Authority shall furnish to the local assessor for that area, on or before 30 June of that financial year, a statement certified by the Authority which shall specify

(a)

the relevant income of the undertaking for the accounting period mentioned in Article 5(1)(a) or (b) as appropriate;

(b)

particulars of any amount excluded from the definition of relevant income in Article 2(1); and,

(c)

where an undertaking consists of or includes lands and heritages in two or more rating areas, the proportion of that relevant income which is attributable to the lands and heritages which fall within the prescribed class of lands and heritages in each rating area.