{
  "url": "https://openlegislation.uk/non-domestic-rating-levy-and-safety-net-regulations-2013/schedule-1B/paragraph-5",
  "json_url": "https://openlegislation.uk/non-domestic-rating-levy-and-safety-net-regulations-2013/schedule-1B/paragraph-5.json",
  "legislation": "uksi/2013/737",
  "legislation_title": "The Non-Domestic Rating (Levy and Safety Net) Regulations 2013",
  "legislation_url": "https://openlegislation.uk/non-domestic-rating-levy-and-safety-net-regulations-2013",
  "path": "schedule/1B/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": "Calculation for major precepting authorities",
  "text": "(1) The retained rates income of an authority that is a major precepting authority is the sum of—\n(a) the amount calculated in accordance with the formula in paragraph 2 of Schedule 1; and\n(b) the amount calculated in accordance with sub-paragraph (2) below.\n(2) Subject to sub-paragraph (3), the amount mentioned in sub-paragraph (1)(b) is whichever is the smaller of the amounts calculated in accordance with sub-paragraphs (4) and (5).\n(3) Where either of the amounts calculated in accordance with sub-paragraphs (4) or (5) is zero, or less than zero, the amount mentioned in sub-paragraph 1(b) is zero.\n(4) The amount is calculated in accordance with the formula—\nUBB-CC-D+E+f1-g1+f2-g2+V-W×0.75\n(5) The amount is calculated in accordance with the formula—\nUBB-R+X-Y×0.75.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1B inserted (26.2.2022) by The Non-Domestic Rating (Levy and Safety Net) (Amendment) Regulations 2022 (S.I. 2022/189), reg. 1(1), Sch. 1"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2013/737/schedule/1B/paragraph/5",
    "retrieved_at": "2026-10-29T00:59:29.598984+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."
}