# Local Government (Scotland) Act 1947, Section 236: Fractions of a penny of rates.


In calculating and collecting the amount payable by a ratepayer in respect of rates levied by a rating authority, any fractional part of a new penny less than one new halfpenny shall not be reckoned as part of the amount of such rates, and any fractional part of a new penny amounting to or exceeding a new halfpenny shall be reckoned in the amount of such rates as one new penny.

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Source: https://www.legislation.gov.uk/ukpga/Geo6/10-11/43/section/236 (the official version)
Page: https://openlegislation.uk/local-government-scotland-act-1947/section-236
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.