# The Non-Domestic Rating (Rates Retention) (Amendment) Regulations 2016, Regulation 4: Amendment of regulation 4


In regulation 4 (payment to the Secretary of State in respect of the central share)—
(a) for paragraph (1) substitute—
“(1) In relation to each relevant year, a billing authority must deduct from the central share payment the amount which is the total of the following—
(a) its estimate of the amount (if any) specified by paragraph 2 of Schedule 2 for that year;
(b) its estimate of the amount (if any) specified by paragraph 3 of Schedule 2 for that year;
(c) for a relevant year beginning on or after 1st April 2017—
(i) its estimate of the amount specified by paragraph 2(1) of Schedule 2A for that year (if applicable); and
(ii) its estimate of the amount specified by paragraph 2 of Schedule 2B for that year (if applicable);”; and
(b) in paragraph (2), for “payment in respect of the central share” substitute “central share payment”.

---
Source: https://www.legislation.gov.uk/uksi/2016/1268/regulation/4 (the official version)
Page: https://openlegislation.uk/non-domestic-rating-rates-retention-amendment-regulations-2016/regulation-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.