# The Non-Domestic Rating (Chargeable Amounts) Regulations 1994, Paragraph 4: Notional chargeable amount for split class of hereditaments


(1) The notional chargeable amount for a relevant year for a split class of hereditaments shall be found by applying the formula—
(A-RF+SJ)×B
(2) For the purposes of this paragraph —
(a) A is the rateable value shown for the class of hereditaments for 1 April 1995 in the central list;
(b) B is the non-domestic rating multiplier for the relevant year;
(c) SJ is the total of the rateable values shown for 1 April 1995 in local non-domestic rating lists for all the former central list hereditaments included in the former class in relation to the split class of hereditaments; and
(d) RF is the recalculation factor for the former class.

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Source: https://www.legislation.gov.uk/uksi/1994/3279/schedule/3/paragraph/4 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-chargeable-amounts-regulations-1994/schedule-3/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.