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Regulation 6 Base liability for 1995-96 for hereditament outside previous transitional provisions

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

(1)

This regulation applies to a defined hereditament for the relevant year beginning in 1995 if paragraph 9 of Schedule 7A did not apply to that hereditament for 31 March 1995.

(2)

In a case where this regulation applies to a hereditament, the base liability for that hereditament for that relevant year shall be found by applying the formula—

Y×Z
(3)

For the purposes of this regulation —

(a)

Y is the rateable value shown for the hereditament for 31 March 1995 in the list, and

(b)

Z is the non-domestic rating multiplier for the financial year beginning in 1994.

(4)

Where one or more of the following provisions apply —

(a)

regulation 15 (change in rateable value before 1 April 1995 not reflected by alteration of the list),

(b)

paragraph 2 of Schedule 1 (altered hereditaments),

(c)

paragraph 7 of Schedule 3 (class of central list hereditaments splitting from 1 April 1995),

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