# Non-Domestic Rating (Multipliers and Private Schools) Act 2025, Section 3: Application of multipliers

Extent: E+W

(1) The Local Government Finance Act 1988 is amended as follows.
(2) In Schedule 4ZA (chargeable amount for occupied hereditaments), in paragraph 10 (interpretation)—
(a) in sub-paragraph (9)(a), for “whichever of B or D is” substitute “the multiplier”;
(b) after sub-paragraph (9A) insert—
“(9B) Regulations under sub-paragraph (9) may prescribe—
(a) B or D,
(b) in relation to a hereditament for a chargeable day for which the value of A is £500,000 or more, a higher multiplier for the financial year calculated in accordance with regulations under paragraph A6A(1)(a) or 9B(1)(a)(i) of Schedule 7, or
(c) in relation to a qualifying retail, hospitality or leisure hereditament, a lower multiplier for the financial year calculated in accordance with regulations under paragraph A6A(1)(b) or 9B(1)(a)(ii) of that Schedule.
(9C) In sub-paragraph (9B), “qualifying retail, hospitality or leisure hereditament” has such meaning as may be prescribed by the Treasury in regulations.”;
(c) in sub-paragraph (10) after paragraph (e) insert—
“(ea) the description of hereditaments in the local non-domestic rating list in which they are shown;”.
(3) In Schedule 4ZB (chargeable amount for unoccupied hereditaments), in paragraph 3 (interpretation)—
(a) in sub-paragraph (6)(a), for “whichever of B or D is” substitute “the multiplier”;
(b) after sub-paragraph (6) insert—
“(6A) Regulations under sub-paragraph (6) may prescribe—
(a) B or D,
(b) in relation to a hereditament for a chargeable day for which the value of A is £500,000 or more, a higher multiplier for the financial year calculated in accordance with regulations under paragraph A6A(1)(a) or 9B(1)(a)(i) of Schedule 7, or
(c) in relation to a qualifying retail, hospitality or leisure hereditament, a lower multiplier for the financial year calculated in accordance with regulations under paragraph A6A(1)(b) or 9B(1)(a)(ii) of that Schedule.
(6B) In sub-paragraph (6A), “qualifying retail, hospitality or leisure hereditament” has such meaning as may be prescribed by the Treasury in regulations.”;
(c) in sub-paragraph (7) after paragraph (e) insert—
“(ea) the description of hereditaments in the local non-domestic rating list in which they are shown;”.
(4) In Schedule 5A (chargeable amount for central rating), in paragraph 6 (interpretation)—
(a) in sub-paragraph (8)(a), for “whichever of B or D is” substitute “the multiplier”;
(b) after sub-paragraph (8) insert—
“(8A) Regulations under sub-paragraph (8) may prescribe—
(a) B or D,
(b) in relation to a hereditament for a chargeable day for which the value of A is £500,000 or more, a higher multiplier for the financial year calculated in accordance with regulations under paragraph A6A(1)(a) of Schedule 7, or
(c) in relation to a qualifying retail, hospitality or leisure hereditament, a lower multiplier for the financial year calculated in accordance with regulations under paragraph A6A(1)(b) of that Schedule.
(8B) In sub-paragraph (8A), “qualifying retail, hospitality or leisure hereditament” has such meaning as may be prescribed by the Treasury in regulations.”;
(c) in sub-paragraph (9) after paragraph (e) insert—
“(ea) the description of hereditaments in the local non-domestic rating list in which they are shown;”.

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Source: https://www.legislation.gov.uk/ukpga/2025/12/section/3 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-multipliers-and-private-schools-act-2025/section-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.