Regulation 20 Base liability for 2000/2001 for central list hereditament outside previous transitional provisions

(1)

This regulation applies to a defined central list hereditament for the relevant year beginning in 2000 if neither regulation 10 (rules for determining chargeable amount: local lists) nor regulation 25 (rules for determining chargeable amount: central list) of the 1994 Regulations applies to that hereditament for 31st March 2000.

(2)

Where this regulation applies to a hereditament, the base liability for that hereditament shall be found by applying the formula Y × Z.

(3)

For the purposes of this regulation–

(a)

Y is–

(i)

in the case of a hereditament shown in a local non-domestic rating list for 31st March 2000, the value shown for the hereditament for that date in the list, and

(ii)

in the case of a hereditament shown in the central list for 31st March 2000, the value certified by the appropriate valuation officer to be the rateable value which would have been shown for the hereditament for 31st March 2000 in the central list if that had been the only hereditament of the designated person shown in that list for that date, and

(b)

Z is the non-domestic rating multiplier for the financial year beginning in 1999.