{
  "url": "https://openlegislation.uk/local-government-finance-act-1988/schedule-7A/paragraph-3",
  "json_url": "https://openlegislation.uk/local-government-finance-act-1988/schedule-7A/paragraph-3.json",
  "legislation": "ukpga/1988/41",
  "legislation_title": "Local Government Finance Act 1988",
  "legislation_url": "https://openlegislation.uk/local-government-finance-act-1988",
  "path": "schedule/7A/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) The notional chargeable amount for a hereditament for each day in a relevant year shall be found by applying the formula—\nA x BC\n(2) A is the rateable value shown for the hereditament for 1 April 1990 in the local non-domestic rating list.\n(3) Subject to sub-paragraph (4) below, B is the non-domestic rating multiplier for the relevant year concerned.\n(4) Where the hereditament is situated in the area of a special authority, B is the authority’s non-domestic rating multiplier for the relevant year concerned.\n(5) C is the number of days in the relevant year concerned.\n(6) Relevant years are financial years falling in the transitional period.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 7A inserted by Local Government and Housing Act 1989 (c. 42, SIF 81:1), s. 139, Sch. 5 para. 40"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Sch. 7A para. 3(2) modified by S.I. 1990/608, reg. 8(9)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1988/41/schedule/7A/paragraph/3",
    "retrieved_at": "2026-10-29T09:47:47.629286+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}