# The Non-Domestic Rating Contributions (Wales) Regulations 1992, Regulation 9: Reduced payments as a result of a recalculation


Where regulation 7 applies as regards a billing authority for a financial year, the amount of an instalment directed by the Secretary of State, under paragraph 5(5) of Schedule 8 to the Act, to be paid by the billing authority on or after the adjustment day shall be treated as being the amount calculated in accordance with the formula—
D x EF where
D is the amount the Secretary of State directed to be paid by the billing authority in the instalment,
E is the amount recalculated (or last recalculated) as regards the billing authority under regulation 7(2), and
F is the provisional amount having effect as regards the billing authority immediately before the adjustment day.

---
Source: https://www.legislation.gov.uk/uksi/1992/3238/regulation/9 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-contributions-wales-regulations-1992/regulation-9
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.