Paragraph 9 Base liability for subsequent ... relevant years for new hereditamentF2I1
England and Wales
(1)
This paragraph applies for determining the base liability for a hereditament to which this Schedule applies for any F1... 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—
(3)
For the purposes of this paragraph, BL and AF have the meanings given by regulation 9.
Annotations
Textual amendments
- F1
Word in Sch. para. 9(1) omitted (26.10.2023) by virtue of Non-Domestic Rating Act 2023 (c. 53), s. 19(1)(c), Sch. para. 31(9)(b)
- F2
Word in Sch. para. 9 heading omitted (26.10.2023) by virtue of Non-Domestic Rating Act 2023 (c. 53), s. 19(1)(c), Sch. para. 31(9)(a)
Commencement
- I1
Sch. para. 9 in force at 23.12.2022, see reg. 2(2)