{
  "url": "https://openlegislation.uk/non-domestic-rating-rates-retention-miscellaneous-amendments-regulations-2023/regulation-3",
  "json_url": "https://openlegislation.uk/non-domestic-rating-rates-retention-miscellaneous-amendments-regulations-2023/regulation-3.json",
  "legislation": "uksi/2023/268",
  "legislation_title": "The Non-Domestic Rating (Rates Retention: Miscellaneous Amendments) Regulations 2023",
  "legislation_url": "https://openlegislation.uk/non-domestic-rating-rates-retention-miscellaneous-amendments-regulations-2023",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendment of the Non-Domestic Rating (Rates Retention) Regulations 2013",
  "text": "In the Non-Domestic Rating (Rates Retention) Regulations 2013, for paragraph 1(2)(b) of Schedule 1 (non-domestic rating income) substitute—\n“(b) X, where the value of X—\n(i) for the financial year beginning on 1st April 2013 is £10,538,000;\n(ii) for the financial year beginning on 1st April 2023 is £12,515,000;\n(iii) for any other year is determined by the formula—\nX1×S2S1 Where—\nX1 is the value of X for the preceding year;\nS2 is the small business non-domestic rating multiplier for the relevant year;\nS1 is the small business non-domestic rating multiplier for the preceding year.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "S.I. 2013/452, to which there are amendments not relevant to these Regulations."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2023/268/regulation/3",
    "retrieved_at": "2026-10-28T21:48:24.575180+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."
}