{
  "url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2014/schedule-2/paragraph-3",
  "json_url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2014/schedule-2/paragraph-3.json",
  "legislation": "uksi/2014/98",
  "legislation_title": "The Non-Domestic Rating (Designated Areas) Regulations 2014",
  "legislation_url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2014",
  "path": "schedule/2/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": null,
  "text": "(1) If the specified year is not a year in which local lists must be compiled, the amount to be calculated for the purposes of paragraph 1(1)(b) in relation to the authority for the year in respect of the area is that described in sub-paragraph (2) or (3) (as the case may be).\n(2) For the year beginning on 1st April 2014, that amount is calculated in accordance with the formula—\nJ× K 2 K 1 where—\nJ is the figure provided in column 3 of the table in Schedule 1 in relation to the designated area;\nK2 is the small business non-domestic rating multiplier for the year beginning on 1st April 2014; and\nK1 is the small business non-domestic rating multiplier for the year beginning on 1st April 2013.\n(3) For the year beginning on 1st April 2015, and for a subsequent specified year which is not a year in which local lists must be compiled, that amount is calculated in accordance with the formula—\nL× M 2 M 1 where—\nL is the amount calculated in accordance with sub-paragraph (2), this sub-paragraph or paragraph 4(2), as the case may be, for the preceding year;\nM2 is the small business non-domestic rating multiplier for the specified year concerned; and\nM1 is the small business non-domestic rating multiplier for the preceding year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2014/98/schedule/2/paragraph/3",
    "retrieved_at": "2026-10-29T00:29:07.180023+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}