Regulation 4 Base liability
The BL for a defined hereditament is the chargeable amount for 31 March 2026 calculated in accordance with section 43f1 or 54f2 of the Act as appropriate, multiplied by 365.
Annotations
Footnotes
- f1
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Section 43 was amended by paragraph 60 of Schedule 13 to the Local Government Finance Act 1992 and section 1(1) of the Non-Domestic Rating Act 2023.
- f2
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Section 54 was amended by section 3(1) of the Non-Domestic Rating Act 2023 and paragraph 1(7) of the Schedule to the Local Government Finance (Wales) Act 2024.