Regulation 2 Amendment of the 1994 Regulations

The Non-Domestic Rating (Chargeable Amounts) Regulations 1994^f1 are amended in accordance with the following paragraphs.

At the end of regulation 38 add—

“and as if for subsections (3) and (4) of section 46 there were substituted—

“(3)

Subject to subsection (4) below, B is the non-domestic rating multiplier for the financial year beginning in 1996.

(4)

Where the hereditament is situated in the area of a special authority, B is the authority’s non-domestic rating multiplier for the financial year beginning in 1997 less the small hereditament factor.”.”

At the end of regulation 39, add—

“and as if for subsection (3) and (4) of section 46 there were substituted—

“(3)

Subject to subsection (4) below, B is the non-domestic rating multiplier for the financial year less the small hereditament factor.

(4)

Where the hereditament is situated in the area of a special authority, B is the authority’s non-domestic rating multiplier for the financial year less the small hereditament factor.”.”