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Regulation 11 Base liability

Original text. Later amendments are not shown.

The base liability of any lands and heritages to which this Part applies shall be calculated in accordance with the formula—

AP×365

where—

  • AP is the amount payable as rates in respect of those lands and heritages and 31st March 1997, taking account of Parts II and IV of the 1996 Regulations but before applying the provisions of Part V of those Regulations.