Paragraph 5 Assumptions as to deductions from and additions to gross amount

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

Sch.2, para.2(1)(2)(3) substituted by Non-Domestic Rating Contributions 1995 reg.5(a)
Sch.2, para.2(7) substituted by Non-Domestic Rating Contributions 1995 reg.5(b)
Sch.2, para.3 substituted by Non-Domestic Rating Contributions 1995 reg.5(c)
Sch.2, para 1(2) amended by Non-Domestic Rating Contributions 1994 reg.6(a)
Sch.2, para 2(1)-(3) replaced (by sub-para (1)) by Non-Domestic Rating Contributions 1994 reg.6(b)
Sch.2, para 2(7) substituted by Non-Domestic Rating Contributions 1994 reg.6(c)
Sch.2, para 3 amended by Non-Domestic Rating Contributions 1994 reg.6(d)
Sch.2, para 4 amended by Non-Domestic Rating Contributions 1994 reg.6(e)
Sch.2, para 5(2) amended by Non-Domestic Rating Contributions 1994 reg.6(f)

(1)

It shall be assumed that the amounts described in paragraph 6 ofSchedule 1 to these Regulations will be 1% of the amount described insub-paragraph (2) below.

(2)

The amount referred to in sub-paragraph (1) above is the amount described in paragraph 2 of Schedule 1 to these Regulations (calculated in accordance with the provisions of paragraph 2 of this Schedule), less the deductions from that amount prescribed in paragraphs 3 and 5 of Schedule 1 to these Regulations (calculated in accordance with the provisions of paragraph 3 of this Schedule).