# The Non-Domestic Rating (Chargeable Amounts) Regulations 1994, Regulation 22: Notional chargeable amount for central list hereditament


(1) The notional chargeable amount for a defined central list hereditament for a relevant year shall be found by applying the formula—
A×B
(2) For the purposes of this regulation —
(a) A is the value certified by the appropriate valuation officer to be the rateable value which would have been shown in the central list for that hereditament for 1 April 1995 if that had been the only hereditament of the designated person shown in the list for that date;
(b) B is the non-domestic rating multiplier for the relevant year.

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Source: https://www.legislation.gov.uk/uksi/1994/3279/regulation/22 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-chargeable-amounts-regulations-1994/regulation-22
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.