# The Non-Domestic Rating (Levy and Safety Net) Regulations 2013, Paragraph 2: Calculation for major precepting authorities


The retained rates income of an authority that is a major precepting authority is the amount calculated in accordance with the formula—
RS+( P−Q ) Where—
R is the sum of the certified non-domestic rating income of all 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 (payments by billing authorities to major precepting authorities);
S is—
(i) 10% where the relevant authority is a county council which is a fire and rescue authority;
(ii) 9% where the relevant authority is a county council which is not a fire and rescue authority;
(iii) 20% where the relevant authority is the Greater London Authority;
(iv) 1% where the relevant authority is a fire and rescue authority not falling within paragraph (a);
P is the amount paid to the authority by the Secretary of State for the relevant year in accordance with Part 5 of Schedule 7B to the Act (principal payments in connection with local retention of non-domestic rates); and
Q is the amount paid by the authority to the Secretary of State for the year in accordance with Part 5 of Schedule 7B to the Act.

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Source: https://www.legislation.gov.uk/ukdsi/2013/9780111534502/schedule/1/paragraph/2 (the official version)
Page: https://openlegislation.uk/draft-non-domestic-rating-levy-and-safety-net-regulations-2013/schedule-1/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.