Regulation 4 Proportion of non-domestic rating income for the designated area to be disregarded
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.
The proportion is to be disregarded for the purpose of calculations under—
any of the following provisions of Schedule 7B—
paragraph 6 (payments in respect of the central share);
paragraph 13 (calculations following local government finance report);
paragraph 16 (calculations following amending report);
paragraph 23 (calculation of levy payments)f1;
paragraph 26 (calculations of safety net payments)f2;
paragraph 30 (calculations relating to distribution of remaining balance)f3;
regulations made under any of the following provisions of Schedule 7B—
paragraph 7 (administrative arrangements for payments in respect of the central share);
paragraph 9 (payments by billing authorities to major precepting authorities);
paragraph 10 (administrative arrangements for payments by billing authorities to major precepting authorities);
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.