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Paragraph 4A Power to confer additional partial reliefs: WalesF1F2

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Where this paragraph applies in relation to a hereditament, the chargeable amount for a chargeable day is to be calculated in accordance with the formula—

A×MC-F.
(2)

This paragraph applies in relation to a hereditament where—

(a)

the hereditament is situated in Wales, and

(b)

on the day concerned, in relation to the hereditament—

(i)

conditions prescribed by the Welsh Ministers in regulations are satisfied, and

(ii)

F is an amount that is greater than 0 but less than the sum of—

A×MC.
(3)

Regulations under sub-paragraph (2)(b)(i) may—

(a)

prescribe more than one condition or set of conditions that may be satisfied such that this paragraph applies;

(b)

make provision about the application of more than one condition or set of conditions in relation to a hereditament.

Annotations

Textual amendments

F1

Sch. 5A inserted (1.4.2024 with effect in relation to financial years beginning on or after that date) by Non-Domestic Rating Act 2023 (c. 53), ss. 3(3), 19(2)(a)

F2

Sch. 5A Pt. 2A inserted (16.11.2024) by Local Government Finance (Wales) Act 2024 (asc 6), ss. 5(4)(a), 23(2)(b)

Notes on Schedule 5A

Modifications

C1

Sch. 5A applied (with modifications) (E.) (30.1.2026) by The Non-Domestic Rating (Chargeable Amounts) (England) Regulations 2026 (S.I. 2026/81), regs. 2(2), 16(3) (with reg. 4)