Paragraph A19 Making and giving notice of calculations etc.F1

England and Wales

(1)

The Welsh Ministers must, in advance of each chargeable financial year—

(a)

calculate for that year—

(i)

the non-domestic rating multiplier under paragraph A14 or A15 (as the case may be), and

(ii)

if regulations under paragraph A16 are in force, the non-domestic rating multiplier under that paragraph, and

(b)

as soon as is reasonably practicable after doing so, serve on each billing authority a notice stating the non-domestic rating multipliers as calculated under paragraph (a).

(2)

In calculating a multiplier, a part of a whole (if any) is to be calculated to three decimal places only.

(3)

The notice must show how any calculation has been made and contain details of any estimates or adjustments that have been made.

(4)

Where the financial year is one for which the Welsh Ministers have calculated a figure for C under paragraph A14(2)(c)(ii), the notice must contain the figure they have calculated.

(5)

Where the financial year is a revaluation year, the notice must specify the date determined under paragraph A14(3) for the purpose of making estimates under paragraph A14(2)(d) and (e).

(6)

A calculation made by the Welsh Ministers under this paragraph is invalid if made at a time when regulations under paragraph A18 which are effective in relation to the year have not come into force.

Annotations

Textual amendments

F1: Sch. 7 Pt. A2 inserted (1.4.2025) by Local Government Finance (Wales) Act 2024 (asc 6), ss. 10, 23(3)(a)