Regulation 3 Amendment of Schedule 1

in the definition of P, in paragraph (i), for the words “for the relevant year beginning on 1st April 2024, the amount calculated for that authority in accordance with the formula—”, substitute—

“for—

(i)

the relevant year beginning on 1st April 2024;

(ii)

the relevant year beginning on 1st April 2025 where the billing authority is listed in Parts 2 to 8 of Schedule 3,

the amount calculated for that authority in accordance with the formula—”;

In the definition of Q, in paragraph (i), for the words “for the relevant year beginning on 1st April 2024, the amount calculated for that authority in accordance with the formula—”, substitute—

“for—

(i)

the relevant year beginning on 1st April 2024;

(ii)

the relevant year beginning on 1st April 2025 where the billing authority is listed in Parts 2 to 8 of Schedule 3,

the amount calculated for that authority in accordance with the formula—”.

in the definition of Q, in paragraph (f), for the words “for the relevant year beginning on 1st April 2024, the amount calculated for that authority in accordance with the formula—”, substitute—

“for—

(i)

the relevant year beginning on 1st April 2024;

(ii)

the relevant year beginning on 1st April 2025 where the relevant authority is the Greater London Authority,

the amount calculated for that authority in accordance with the formula—”;

in the definition of W, after paragraph (e), insert—

“(f)

for the relevant year beginning on 1st April 2025, the sum of the amounts of relief awarded under section 47 of the 1988 Act by all the billing authorities required to make payments to the major precepting authority for the relevant year under Part 4 of Schedule 7B to the 1988 Act, where the relief has been awarded in accordance with the following guidance issued by the Secretary of State—

(i)

“Business Rates Relief: 2023 Supporting Small Business Relief, local authority guidance” published on 21 December 2022^f1,

(ii)

“Business Rates Relief: 2025/26 Retail, Hospitality and Leisure Scheme” published on 16 January 2025^f2;”.