Introductory text

Rating And Valuation, Wales

Made 17 December 2025

Coming into force 31 December 2025

The Welsh Ministers make the following Regulations in exercise of the powers conferred on them by sections 58(1) to (7) and 143A(2)(b) of the Local Government Finance Act 1988^f1.

In accordance with section 143A(5)(c) of that Act, a draft of this instrument has been laid before and approved by a resolution of Senedd Cymru.

In accordance with section 58(9) of that Act, the Welsh Ministers have had regard to the object of securing (so far as practicable) that the aggregate amount payable to the Welsh Ministers and all billing authorities by way of non-domestic rates as regards each particular financial year falling within the relevant period does not exceed that which the Welsh Ministers consider would be likely to be payable apart from these Regulations.

Annotations

Footnotes

f1: 1988 c. 41. See section 146(6) for the definition of “prescribed”. Section 58 was amended by section 2 of the Non-Domestic Rating Act 1994 (c. 3), section 117(1) of, and paragraph 68 of Schedule 13 to, the Local Government Finance Act 1992 (c. 14), section 17 of, and paragraphs 1 and 5(a) and (b) of the Schedule to, the Non-Domestic Rating Act 2023 (c. 53), and section 15 of, and paragraphs 1(1) and (10)(a), (b), (c) and (d) and 19(1) and (2)(a), (b) and (c) of the Schedule to, the Local Government Finance (Wales) Act 2024 (asc 6). Section 143A was inserted into the Act by section 14 of the Local Government Finance (Wales) Act 2024.