Paragraph 9A F1

(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—

\frac{A \times 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 F2Part A1 of this Schedule, and

(c)

C is the non-domestic rating multiplier for the year F3... 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.

Annotations

Textual amendments

F1: Sch. 7 para. 9A inserted (25.11.2004) by Local Government Act 2003 (c. 26), ss. 62(11), 128(3)(a); S.I. 2004/3132, art. 2(a) (with art. 4)
F2: Words in Sch. 7 para. 9A(2)(b) substituted (22.11.2023) by Non-Domestic Rating Act 2023 (c. 53), s. 19(6), Sch. para. 67(3)(a); S.I. 2023/1248, reg. 2(b) (with reg. 3)
F3: Words in Sch. 7 para. 9A(2)(c) omitted (22.11.2023) by virtue of Non-Domestic Rating Act 2023 (c. 53), s. 19(6), Sch. para. 67(3)(b); S.I. 2023/1248, reg. 2(b) (with reg. 3)