# Non-Domestic Rating Act 1992, Section 4: The distributable amount.


(1) In Schedule 8 to the 1988 Act (non-domestic rating: pooling), paragraph 9 (distributable amount) shall have effect in relation to the financial years beginning in 1993 and 1994 as if—
(a) in sub-paragraph (1)(a), after the word “year” there were inserted the words “ otherwise than under paragraph 2(1)(d) above ”; and
(b) after sub-paragraph (3) there were inserted the following sub-paragraphs—
“(3A) The Welsh Ministers shall also—
(a) estimate the amount by which, if the Non-Domestic Rating Act 1992 had not been enacted, the amount calculated under sub-paragraph (3) above would have been greater than it is; and
(b) add to the amount calculated under that sub-paragraph such amount as (having regard to that estimate) they consider appropriate.
(3B) In making any estimate under sub-paragraph (3A) above the Welsh Ministers may make such assumptions as they think fit.”
(2) The reference in sub-paragraph (4) of that paragraph to the amount arrived at under that paragraph shall be construed, in relation to those financial years, as a reference to the amount arrived at under sub-paragraph (3) read with sub-paragraph (3A) of that paragraph.

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Source: https://www.legislation.gov.uk/ukpga/1992/46/section/4 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-act-1992/section-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.