Explanatory note

These Regulations further amend the Non-Domestic Rating (Payment of Interest) Regulations 1990, which provide for the payment of interest in certain cases where, in consequence of an alteration to a rating list compiled under Part III of the Local Government Finance Act 1988 (non-domestic rating), an amount falls to be repaid or credited by a charging authority or the Secretary of State.

The effect of the amendment made by these Regulations is that no interest is payable where a repayment or credit is made following the alteration of a central non-domestic rating list and the alteration is made in consequence of the Non-Domestic Rating Act 1992.