Paragraph 1 I1
England and Wales
(1)
Unless sub-paragraph (2) applies, the proportion of a billing authority’s non-domestic rating income in respect of a designated area for a specified year is the difference between the authority’s—
(a)
non-domestic rating income in respect of the designated area for that year; and
(b)
baseline amount in respect of the designated area for that year.
(2)
If the baseline amount is greater than or equal to the non-domestic rating income, the proportion is zero.
Annotations
Commencement
- I1
Sch. 2 para. 1 in force at 1.4.2017, see reg. 1(2)