Regulation 4 Meaning of retained rates income for purposes of levy and safety net calculationsF1
England and Wales
Where the authority is a billing authority, its retained rates income—
for a year ending on or before 31st March 2026, is the amount calculated in accordance with paragraphs 1 and 1A of Schedule 1, paragraphs 3 and 4 of Schedule 1A, paragraph 4 of Schedule 1B, Schedule 6A and Schedule 7;
for a year beginning on or after 1st April 2026, is the amount calculated in accordance with paragraph 2 of Schedule 1ZA.
Where the authority is a major precepting authority, its retained rates income—
for a year ending on or before 31st March 2026, is the amount calculated in accordance with paragraph 2 of Schedule 1, paragraphs 5, 6, 7 and 8 of Schedule 1A and paragraph 5 of Schedule 1B;
for a year beginning on or after 1st April 2026, is the amount calculated in accordance with paragraph 3 of Schedule 1ZA.
Where the authority is a pool of authorities, its retained rates income—
for a year ending on or before 31st March 2026, is the amount calculated in accordance with paragraph 3 of Schedule 1;
for a year beginning on or after 1st April 2026, is the amount calculated in accordance with paragraph 4 of Schedule 1ZA.