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Regulation 4 Proportion of non-domestic rating income for the designated area to be disregarded

Original text. Later amendments are not shown.

(1)

Part 1 of Schedule 2 provides rules for calculating the proportion of the billing authority’s non-domestic rating income in respect of the designated area for a specified year.

(2)

The proportion is to be disregarded for the purpose of calculations under—

(a)

any of the following provisions of Schedule 7B—

(i)

paragraph 6 (payments in respect of the central share);

(ii)

paragraph 13 (calculations following local government finance report);

(iii)

paragraph 16 (calculations following amending report);

(iv)

paragraph 23 (calculation of levy payments)f1;

(v)

paragraph 26 (calculations of safety net payments)f2;

(vi)

paragraph 30 (calculations relating to distribution of remaining balance)f3;

(b)

regulations made under any of the following provisions of Schedule 7B—

(i)

paragraph 7 (administrative arrangements for payments in respect of the central share);

(ii)

paragraph 9 (payments by billing authorities to major precepting authorities);

(iii)

paragraph 10 (administrative arrangements for payments by billing authorities to major precepting authorities);

(iv)

paragraph 28 (calculations of payments on account).

Annotations

Footnotes

f1

The calculation under paragraph 23 must be made in accordance with regulations under paragraph 22.

f2

The calculation under paragraph 26 must be made in accordance with regulations under paragraph 25.

f3

The calculation under paragraph 30 must be made in accordance with the basis of distribution specified in the regulations under that paragraph.