Regulation 21 Base liability for 2000/2001 for central list hereditament within previous transitional provisions

(1)

This regulation applies to a defined central list hereditament for the relevant year beginning in 2000 if regulation 10 (rules for determining chargeable amount: local lists) or regulation 25 (rules for determining chargeable amount: central list) of the 1994 Regulations applies to that hereditament for 31st March 2000.

(2)

In a case where regulation 10 of the 1994 Regulations applies to the hereditament for 31st March 2000, except where regulation 11(2) or 11(4) (changes in rateable value) of the 1994 Regulations also applies, the base liability shall be found by applying the formula (BL × AF).

(3)

In a case where regulation 11(2) of the 1994 Regulations applies to the hereditament for 31st March 2000, the base liability shall be found by applying the formula (BL × AF) + (N − J) × B.

(4)

In a case where regulation 11(4) of the 1994 Regulations applies to the hereditament for 31st March 2000, the base liability shall be found by applying the formula–

(BL \times AF) \times \frac{N}{J}

(5)

For the purposes of paragraphs (1) to (4), BL, AF, N and J have the same meanings as in regulation 5.

(6)

In a case where regulation 25 of the 1994 Regulations applies to the hereditament for 31st March 2000 and regulation 26(2) of those Regulations does not apply, the base liability shall be found by applying the formula (BL × AF).

(7)

In a case where regulation 26(2) applies to the hereditament for 31st March 2000, the base liability shall be found–

(a)

in a case where N is greater than J, by applying the formula

(BL \times AF) + ((N - J) \times B);

(b)

in a case where N is less than J, by applying the formula

(BL \times AF) \times \frac{N}{J}

(8)

For the purposes of paragraphs (6) and (7)–

BL is the base liability for the hereditament for 31st March 2000 determined in accordance with regulation 21 of the 1994 Regulations;
AF is the appropriate fraction for the hereditament for 31st March 2000 determined in accordance with regulation 23 of those Regulations;
B is the non-domestic rating multiplier for the financial year beginning on 1st April 1999;
J is the value certified by the appropriate valuation officer to be the amount of the rateable value which would have been shown in the central list for the hereditament for 1st April 1995 if that had been the only hereditament of the designated person shown in the list for that day; and
N is 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 has been the only hereditament of the designated person shown in that list for that date.