{
  "url": "https://openlegislation.uk/draft-non-domestic-rating-chargeable-amounts-england-regulations-2026/schedule/paragraph-6",
  "json_url": "https://openlegislation.uk/draft-non-domestic-rating-chargeable-amounts-england-regulations-2026/schedule/paragraph-6.json",
  "legislation": "ukdsi/2026/9780348277562",
  "legislation_title": "The Non-Domestic Rating (Chargeable Amounts) (England) Regulations 2026",
  "legislation_url": "https://openlegislation.uk/draft-non-domestic-rating-chargeable-amounts-england-regulations-2026",
  "path": "schedule/paragraph/6",
  "kind": "paragraph",
  "number": "6",
  "heading": "Changes in the value of new hereditament: relevant year of creation",
  "text": "(1) Sub-paragraph (2) applies in respect of a new hereditament in a relevant year in which the creation day falls where for a chargeable day after the creation day the value of A for the hereditament is greater than the value of A for the creation day.\n(2) Where this sub-paragraph applies, paragraphs 2 to 5 have effect as regards the hereditament for the chargeable day as if the reference in those paragraphs to—\nR × J S were a reference to—\nR × J S + N - J × ( M + R S ) C\n(3) Sub-paragraph (4) applies in respect of a new hereditament in a relevant year in which the creation day falls where for a chargeable day after the creation day the value of A for the hereditament is less than the value of A for the creation day.\n(4) Where this sub-paragraph applies, paragraphs 2 to 5 have effect as if the reference in those paragraphs to—\nR × J S were a reference to—\nR × J × N S × J\n(5) For the purposes of sub-paragraphs (2) and (4)—\n“C” is the number of days in the relevant year in which the creation day falls;\n“M” is in relation to the chargeable day;\n“N” is the value of A for the new hereditament for the chargeable day;\n“R”, “J” and “S” have the same meanings given by paragraph 2, 3, 4 or 5; and\n“RS”—\n(a) in relation to the relevant year beginning on 1st April 2026, is 0.01;\n(b) in relation to the relevant years beginning on 1st April 2027 or 2028, is zero.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2026/9780348277562/schedule/paragraph/6",
    "retrieved_at": "2026-10-30T14:38:18.789038+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}