Regulation 12 Partially unoccupied lands and heritagesI1

This regulation has effect for determining the amount payable as rates in respect of lands and heritages on a day in the relevant year where—

The amount payable is, subject to paragraph (3), to be calculated in accordance with the formula—

$$A\times \frac{ARV}{RV}$$

where—

• A is the amount payable for the day determined under regulation 7,

• ARV is the applicable rateable value, being the rateable value treated for rating purposes as the rateable value of the lands and heritages in terms of section 24A(2) of the 1966 Act, and

• RV is the rateable value shown in the roll for those lands and heritages.

Where—

the amount payable is to be determined in accordance with regulation 11(2) but as though for “regulation 7” there were substituted “regulation 12(2)”.

This regulation ceases to apply where a merged entry takes effect on or after 1 April 2026, unless relief under regulation 7 applied in respect of the lands and heritages in each of the entries which forms part of the merged entry, immediately before the merged entry took effect.