Regulation 7 Amendment of the 1994 Regulations for 1997/8, 1998/9 and 1999/2000

At the end of regulation 11 (change in rateable value after 1 April 1995) add the following paragraph:

“(7)

As respects a financial year beginning in or after 1997, this regulation shall have effect as if for paragraph (5)(a), there were substituted—

“(a)

B is—

(i)

in a case where, for the day, the hereditament is a small hereditament, the non-domestic rating multiplier for the relevant year in which the day falls less the small hereditament factor, or

(ii)

in any other case, the non-domestic rating multiplier for the relevant year in which the day falls.”.”.