# The Non-Domestic Rating Contributions (Wales) Regulations 1992, Paragraph 1


(1) In relation to each billing authority there shall be calculated for a financial year the amount described in paragraphs 2 to 7 below.
(2) From the amount described in paragraph 2 there shall be deducted the amounts described in paragraphs 3 to 7, provided that a deduction shall be made of the amount described in paragraph 6 only if the billing authority has made proper arrangements for securing economy, efficiency and effectiveness in relation to the collection of non-domestic rates.
(3) The amount calculated under sub-paragraph (2) shall be the billing authority’s non-domestic rating contribution for the year.

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Source: https://www.legislation.gov.uk/uksi/1992/3238/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-contributions-wales-regulations-1992/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.