# Local Government Act 2003, Section 62: Calculation of non-domestic rating multiplier

Extent: E+W

(1) Schedule 7 to the 1988 Act (non-domestic rating multipliers) is amended as follows.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(11) After paragraph 9 (special authority’s non-domestic rating multiplier) there is inserted—
“
9A (1) A special authority’s small business non-domestic rating multiplier for a chargeable financial year shall be set by it in accordance with the formula—
A × B C
(2) In sub-paragraph (1) above—
(a) A is the special authority’s non-domestic rating multiplier for the year under paragraph 9 above,
(b) B is the small business non-domestic rating multiplier for the year determined in accordance with Part 1 of this Schedule, and
(c) C is the non-domestic rating multiplier for the year, so far as relating to England, determined in accordance with that Part.
(3) The multiplier must be expressed as a figure in which a part of a whole (if any) is expressed to three decimal points only.”

---
Source: https://www.legislation.gov.uk/ukpga/2003/26/section/62 (the official version)
Page: https://openlegislation.uk/local-government-act-2003/section-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.