{
  "url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2024/schedule-2/paragraph-3",
  "json_url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2024/schedule-2/paragraph-3.json",
  "legislation": "uksi/2024/183",
  "legislation_title": "The Non-Domestic Rating (Designated Areas) Regulations 2024",
  "legislation_url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2024",
  "path": "schedule/2/paragraph/3",
  "kind": "paragraph",
  "number": "3",
  "heading": "Small business rate baseline: non-revaluation year",
  "text": "(1) If a specified year is not a revaluation year, a billing authority’s small business rate baseline amount in respect of a designated area for the specified year is the amount calculated under sub-paragraph (2) or (3).\n(2) For the specified year beginning with 1st April 2024, a billing authority’s small business rate baseline amount is calculated in accordance with the formula—\nJ×K2K1\n(3) For a subsequent specified year that is not a revaluation year, the small business rate baseline amount is calculated in accordance with the formula—\nL×K2K1",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 2 para. 3 in force at 1.4.2024, see reg. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2024/183/schedule/2/paragraph/3",
    "retrieved_at": "2026-10-28T21:34:33.727425+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."
}