# The Non-Domestic Rates (Levying) (Scotland) Regulations 2003, Regulation 7: Amount payable as rates


The amount payable as rates in respect of any lands and heritages to which this Part applies and any day in the relevant year shall, subject to regulations 9, 10 and Parts IV and VI below, be calculated in accordance with the formula–
ARP=NL+(0.261/0.522×BTA) where–
ARP is the amount of rates payable;
NL is the notional liability calculated in accordance with regulation 8 below;
BTA is the base transitional adjustment, being–
the amount payable as rates in respect of those lands and heritages and 31st March 2003, less the notional liability in respect of those lands and heritages and 31st March 2003 calculated in accordance with the formula contained in regulation 8 of the 2002 Regulations.

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Source: https://www.legislation.gov.uk/ssi/2003/160/regulation/7 (the official version)
Page: https://openlegislation.uk/non-domestic-rates-levying-scotland-regulations-2003/regulation-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.