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Regulation 30 Base liability for defined class of hereditaments for years subsequent to 2000/2001

Original text. Later amendments are not shown.

(1)

The base liability for a defined class of hereditaments for a relevant year beginning after the first relevant year of the relevant period (the year concerned) shall be found by applying the formula (BL × AF).

(2)

For the purposes of this regulation–

  • BL is the base liability for the class of hereditaments for the relevant year immediately preceding the year concerned, and

  • AF is the appropriate fraction for the class of hereditaments for the relevant year immediately preceding the year concerned.