# The Non-Domestic Rating (Chargeable Amounts) (England) Regulations 1999, Paragraph 3: Altered hereditament—notional chargeable amount


(1) The notional chargeable amount for a relevant year for an altered hereditament shall be found by applying the formula A × B.
(2) For the purposes of this paragraph–
A is the rateable value shown for the hereditament for the day for which it is shown for the first time in the list following its alteration, and
B is the non-domestic rating multiplier for the relevant year.

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Source: https://www.legislation.gov.uk/ukdsi/1999/0110856066/schedule/1/paragraph/3 (the official version)
Page: https://openlegislation.uk/draft-non-domestic-rating-chargeable-amounts-england-regulations-1999/schedule-1/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.