# The Non-Domestic Rating (Chargeable Amounts) (England) Regulations 1999, Paragraph 2: Base liability for 2000/2001


(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.

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Source: https://www.legislation.gov.uk/ukdsi/1999/0110856066/schedule/3/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-non-domestic-rating-chargeable-amounts-england-regulations-1999/schedule-3/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.