Regulation 4 Adjustment of instalments

For paragraph 7(2) of Part II of the Schedule there is substituted the following—

“(2)

The Secretary of State shall on or as soon as practicable after the relevant day—

(a)

adjust the instalments (if any) payable on or after the adjustment day (“the remaining instalments”) so that they accord with the amounts mentioned in sub-paragraph (4); and

(b)

serve a notice on the ratepayer which is to state—

(i)

the amount of the revised estimate mentioned in sub-paragraph (3); and

(ii)

the amount of any remaining instalment.”.

At the end of paragraph 7(6) of Part II of the Schedule there are inserted the words “, or has been paid (or credited) by way of interest under the Non-Domestic Rating (Payment of Interest) Regulations 1990”^f1.