{
  "url": "https://openlegislation.uk/non-domestic-rating-chargeable-amounts-regulations-1994/schedule-2/paragraph-7",
  "json_url": "https://openlegislation.uk/non-domestic-rating-chargeable-amounts-regulations-1994/schedule-2/paragraph-7.json",
  "legislation": "uksi/1994/3279",
  "legislation_title": "The Non-Domestic Rating (Chargeable Amounts) Regulations 1994",
  "legislation_url": "https://openlegislation.uk/non-domestic-rating-chargeable-amounts-regulations-1994",
  "path": "schedule/2/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": "Change in value of new hereditament: year of creation",
  "text": "(1) Sub-paragraph (2) applies in respect of a new hereditament in a year in which the creation day falls where for a chargeable day after the creation day the rateable value shown in the list for the hereditament is greater than that shown for it for the creation day.\n(2) Where this sub-paragraph applies, paragraphs 3 to 6 shall have effect as regards the hereditament for the chargeable day as if the reference in those paragraphs to\nR×JS were a reference to—\n(R×JS)+(N-J)×BC\n(3) Sub-paragraph (4) applies in respect of a new hereditament in a year in which the creation day falls where for a chargeable day after the creation day the rateable value shown in the list for a hereditament is less than that shown for it for the creation day.\n(4) Where this sub-paragraph applies, paragraphs 3 to 6 shall have effect as regards the hereditament for the chargeable day as if the reference in those paragraphs to\nR×JS were a reference to—\n(R×JS)+NJ\n(5) For the purposes of the provisions substituted by sub-paragraphs (2) and (4) —\n(a) B is the non-domestic rating multiplier for the relevant year in which the creation day falls, or, where the hereditament is situated in the area of a special authority, the non-domestic rating multiplier of the special authority;\n(b) C is the number of days in the relevant year in which the creation day falls;\n(c) N is the rateable value shown for the new hereditament for the chargeable day in the list; and\n(d) R, J and S have the meanings given in paragraphs 3, 4, 5 or 6, as the case may be.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "amended",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "added",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "added",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1997/3017",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment) (No. 2) Regulations 1997"
    },
    {
      "type": "amended",
      "affecting": "uksi/1995/1678",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts) (Amendment No. 2) Regulations 1995"
    },
    {
      "type": "added",
      "affecting": "uksi/1996/3214",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts for Small Hereditaments) Regulations 1996"
    },
    {
      "type": "added",
      "affecting": "uksi/1996/3214",
      "affecting_title": "The Non-Domestic Rating (Chargeable Amounts for Small Hereditaments) Regulations 1996"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/3279/schedule/2/paragraph/7",
    "retrieved_at": "2026-10-29T13:19:38.249689+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}