OpenLegislation

Paragraph 9 Base liability for subsequent years for new hereditamentI1

England and Wales

(1)

This paragraph applies for determining the base liability for a hereditament to which this Schedule applies for any relevant year falling after the relevant year referred to in paragraph 8(1).

(2)

Where this paragraph applies, the base liability for the hereditament is found by applying the formula—

BL×AF.
(3)

For the purposes of this paragraph, BL and AF have the meanings given by regulation 9.

Annotations

Commencement

I1

Sch. 2 para. 9 in force at 22.12.2016, see reg. 2(2)