Section 5 Non-domestic rating accounts and contributions.I1C1

In Schedule 8 to the 1988 Act, paragraph 2(1) (credits to non-domestic rating accounts) shall have effect in relation to the financial years beginning in 1993 and 1994 as if—

Paragraph 6(6) (non-domestic rating contributions) of that Schedule shall have effect in relation to the financial years beginning in 1992, 1993 and 1994 as if for paragraph (a) there were substituted the following paragraph—

“(a)

provision as to the recalculation of the provisional amount, including provision—

(i)

as to the procedure to be adopted for recalculation if the prescribed conditions are fulfilled;

(ii)

as to the information on which any recalculation is to be based;

(iii)

prescribing assumptions subject to which that information is to be read;”.