Paragraph 9 Base liability for year after year in which creation day falls

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

Sch.2, para.5(1) amended by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(2)
Sch.2, para.5(3)(c) amended by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(3)
Sch.2, para.5(5A)(5B) added by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(4)
Sch.2, para.6(1) amended by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(2)
Sch.2, para.6(3)(c) amended by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(3)
Sch.2, para.6(5A)(5B) added by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(4)
Sch.2, para.9(3) amended by Non-Domestic Rating (Chargeable Amounts) 1997 reg.3(1)(5)
Sch.2, para.9(3) amended by Non-Domestic Rating (Chargeable Amounts) 1995 reg.5
Sch.2, para.7(6) added by Non-Domestic Rating (Chargeable Amounts for Small Hereditaments) 1996 regs.4,10
Sch.2, para.8(4) added by Non-Domestic Rating (Chargeable Amounts for Small Hereditaments) 1996 regs.4,11

(1)

This paragraph applies for determining the base liability for a hereditament to which this Schedule applies for any relevant year which falls immediately after the year in which the creation day falls.

(2)

Where this paragraph applies, the base liability for the hereditament shall be found by applying the formula

T \times C

(3)

T is the chargeable amount for the hereditament for the creation day (calculated in accordance with the preceding provisions of this Schedule).

(4)

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