# The Non-Domestic Rating (Designated Areas) Regulations 2014, Paragraph 1


(1) For the purposes of regulation 5, but subject to sub-paragraph (2), the proportion of a relevant billing authority’s non-domestic rating income for a specified year in respect of a designated area within which all or part of the authority’s area falls is the difference between—
(a) the amount of the authority’s non-domestic rating income for that year in respect of that area calculated in accordance with Part 2; and
(b) the amount calculated in relation to the authority for that year in respect of that area in accordance with Part 3.
(2) Where the amount calculated in accordance with Part 3 is greater than or equal to the amount calculated in accordance with Part 2, the proportion for the purposes of regulation 5 is zero.

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Source: https://www.legislation.gov.uk/uksi/2014/98/schedule/2/paragraph/1 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2014/schedule-2/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.