Regulation 11 Change in rateable value after 1 April 1995

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg.11(6)(d) added by Non-Domestic Rating (Chargeable Amounts) 1996 reg.2(9)
reg.11(7) added by Non-Domestic Rating (Chargeable Amounts for Small Hereditaments) 1996 regs.4,7 SI 911, reg.2(10)
reg.11(7) added by Non-Domestic Rating (Chargeable Amounts for Small Hereditaments) 1996 regs.4,7 SI 911, reg.2(10)
regs.11,26 modified by Non-Domestic Rating (Chargeable Amounts) 1999 reg.17(3)

(1)

Paragraph (2) applies in respect of a defined hereditament in a case where regulation 10 applies where for a day after 1 April 1995 the rateable value shown in the list for the hereditament is greater than that shown for it for 1 April 1995.

(2)

Where this paragraph applies, regulation 10 shall have effect as regards the hereditament for the day as if the reference in that regulation to

\frac{(BL \times AF)}{C}

were a reference to—

\frac{(BL \times AF)}{C} + \frac{(N - J) \times B}{C}

(3)

Paragraph (4) applies in respect of a defined hereditament in a case where regulation 10 applies where for a day after 1 April 1995 the rateable value shown in the list for the hereditament is less than that shown for it for 1 April 1995.

(4)

Where this paragraph applies, regulation 10 shall have effect as regards the hereditament for the day as if the reference in that regulation to

\frac{(BL \times AF)}{C}

were a reference to—

\frac{(BL \times AF)}{C} \times \frac{N}{J}

(5)

For the purposes of the provisions substituted by paragraphs (2) and

(4)

(a)

B is the non-domestic rating multiplier for the relevant year in which the day falls;

(b)

C is the number of days in the relevant year in which the relevant day falls;

(c)

J is the rateable value shown for the hereditament for 1 April 1995 in the list;

(d)

N is the rateable value shown for the hereditament for the day in the list; and

(e)

BL and AF have the meanings given in regulation 9(2).

(6)

Where one or more of the following provisions apply —

(a)

regulation 14 (change in rateable value-change of circumstances on 1 April 1995),

(b)

paragraph 5 of Schedule 1 (altered hereditaments),

(c)

paragraph 11 of Schedule 2 (rateable value: hereditament split or merged after 1 April 1995),

this regulation applies subject to the modifications made in the regulation or paragraph concerned.