{
  "url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2025/schedule-2/paragraph-8",
  "json_url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2025/schedule-2/paragraph-8.json",
  "legislation": "uksi/2025/180",
  "legislation_title": "The Non-Domestic Rating (Designated Areas) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/non-domestic-rating-designated-areas-regulations-2025",
  "path": "schedule/2/paragraph/8",
  "kind": "paragraph",
  "number": "8",
  "heading": "Interpretation of Part 3",
  "text": "(1) In this Part—\n“J” is the amount provided in column 4 of the table in Schedule 1 in relation to the designated area;\n“K1” is the small business non-domestic rating multiplier for the preceding year;\n“K2” is the small business non-domestic rating multiplier for the specified year;\n“L” is the small business rate baseline amount in relation to the designated area calculated for the preceding year;\n“M1” is the aggregate rateable values shown in the billing authority’s local list for 31st March in the preceding year for the hereditaments, other than those hereditaments to which paragraph 2(2) applies—\n(a) that fall within the designated area, and\n(b) in respect of which “M” is “D” on 31st March in the preceding year pursuant to paragraph 10(9) of Schedule 4ZA to the 1988 Act (interpretation)\n“M2” is the aggregate rateable values shown in the billing authority’s local list for 1st April in the specified year for the hereditaments, other than those hereditaments to which paragraph 2(2) applies—\n(a) that fall within the designated area, and\n(b) in respect of which “M” is “D” on 1st April in the specified year pursuant to paragraph 10(9) of Schedule 4ZA to the 1988 Act;\n“N” is the amount provided in column 5 of the table in Schedule 1 in relation to the designated area;\n“P1” is the non-domestic rating multiplier for the preceding year;\n“P2” is the non-domestic rating multiplier for the specified year;\n“Q” is the standard business rate baseline amount in relation to the designated area calculated for the preceding year;\n“R1” is the aggregate rateable values shown in the billing authority’s local list for 31st March in the preceding year for the hereditaments, other than those hereditaments to which paragraph 2(2) applies—\n(a) that fall within the designated area, and\n(b) in respect of which “M” is “B” on 1st April in the specified year pursuant to paragraph 10(9) of Schedule 4ZA to the 1988 Act;\n“R2” is the aggregate rateable values shown in the billing authority’s local list for 1st April in the specified year for the hereditaments, other than those hereditaments to which paragraph 2(2) applies, that—\n(a) fall within the designated area, and\n(b) in respect of which “M” is “B” on 1st April in the specified year pursuant to paragraph 10(9) of Schedule 4ZA to the 1988 Act.\n(2) For the purposes of paragraphs 4 and 6 of this Schedule, the rateable value of a hereditament shown in the billing authority’s local list for 31st March in the preceding year is taken to be the rateable value that would have been shown in that list for that day had the circumstances relating to that hereditament been as they were on 1st April in the specified year.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Schedule 4ZA was inserted into the Local Government Finance Act 1988 by section 1 of the Non-Domestic Rating Act 2023 (c. 53). For the meaning of “M”, see paragraph 10(9) of Schedule 4ZA. For the meaning of “D”, see paragraph 10(5) of Schedule 4ZA."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "For the meaning of “B”, see paragraph 10(3) of Schedule 4ZA."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/180/schedule/2/paragraph/8",
    "retrieved_at": "2026-10-28T21:20:16.886180+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."
}