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Paragraph 2 Base liability for 2000/2001

Original text. Later amendments are not shown.

(1)

The base liability for a new hereditament to which this Schedule applies for the relevant year beginning on 1st April 2000 shall be found by applying the formula CY × Z.

(2)

For the purposes of this paragraph–

  • CY is the value certified in accordance with regulation 11(3), and

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