# The Non-Domestic Rating (Chargeable Amounts) Regulations 1994, Regulation 11: Change in rateable value after 1 April 1995


(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
(BL×AF)C were a reference to—
(BL×AF)C+(N-J)×BC
(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
(BL×AF)C were a reference to—
(BL×AF)C×NJ
(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.

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Source: https://www.legislation.gov.uk/uksi/1994/3279/regulation/11 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-chargeable-amounts-regulations-1994/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

