Regulation 2 Interpretation

In these Regulations—

• “the 1988 Act” means the Local Government Finance Act 1988;

• “authority” means a billing authority or a major precepting authority;

• “billing authority” means a billing authority in England;

• F1“central share payment” means a payment made by a billing authority to the Secretary of State under paragraph 6(2) of Schedule 7B to the 1988 Act;

• “certified non-domestic rating income” has the meaning given by regulation 9(4);

• F2“Hartlepool MDC Order” means the Hartlepool Development Corporation (Functions) Order 2023;

• “Middlesbrough MDC Order” means the Middlesbrough Development Corporation (Functions) Order 2023;

• “non-domestic rating income” has the meaning given by regulation 3(3);

• “non-domestic rating multiplier” in relation to a year means the non-domestic rating multiplier for the year calculated by the Secretary of State under Schedule 7 to the 1988 Act;

• “preceding year” means the year immediately preceding the relevant year;

• “relevant precepting authority” in relation to a billing authority means a major precepting authority other than a police and crime commissioner, having a power to issue a precept to that billing authority;

• “relevant year” means the year for which a calculation of non-domestic rating income or of a payment is being made;

• “schedule of instalments” has the meaning given by regulation 15;

• F3“section 31 grant” means a grant paid to an authority by a Minister of the Crown under section 31 of the Local Government Act 2003;

• “small business hereditament” means a hereditament for which on 1st April 2023 a rateable value of less than £51,000 is shown on a local non-domestic rating list;

• “small business non-domestic rating multiplier” in relation to a year means the small business non-domestic rating multiplier for the year F4calculated by the Secretary of State under Schedule 7 to the 1988 Act M1.

• “standard hereditament” means a hereditament for which on 1st April 2023 a rateable value greater than £50,999 is shown on a local non-domestic rating list.

In these Regulations any reference to a billing authority's general fund shall be construed in relation to the Common Council of the City of London as a reference to the City fund M2.

In these Regulations any reference to a billing authority's collection fund income and expenditure account is a reference to a revenue account to which, in accordance with proper practices, are credited or charged, as the case may be, amounts in respect of the authority's income and expenditure relating to sums paid or to be paid into or payments met or to be met from the authority's collection fund.