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

At the end of paragraph 3 of Schedule 1 (altered hereditament: notional chargeable amount) add the following sub-paragraph:

“(3)

As respects a financial year beginning in or after 1997, this paragraph shall have effect as if, for sub-paragraph (2)(b), there were substituted—

“(b)

B is—

(i)

in a case where, for the day for which it is shown for the first time in the list following its alteration, the hereditament is a small hereditament, the non-domestic rating multiplier for the relevant year less the small hereditament factor, or

(ii)

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