# The Non-Domestic Rating (Rates Retention) Regulations 2013, Paragraph 1B: Special provision for the relevant years beginning on 1st April 2021 and 1st April 2022


(1) This paragraph applies to a billing authority where, in the relevant year beginning on 1st April 2021, the exceptional balance the billing authority calculates in accordance with paragraph 1 of Schedule 4A is a negative amount.
(2) Where this paragraph applies—
(a) for the relevant year beginning on 1st April 2021, a billing authority must include in the amount specified by paragraph 1(3) an amount equal to two thirds of the exceptional balance expressed as a positive amount;
(b) for the relevant year beginning on 1st April 2022, a billing authority must include in the amount specified by paragraph 1(3) an amount equal to one third of the exceptional balance expressed as a positive amount.

---
Source: https://www.legislation.gov.uk/uksi/2013/452/schedule/4/paragraph/1B (the official version)
Page: https://openlegislation.uk/non-domestic-rating-rates-retention-regulations-2013/schedule-4/paragraph-1B
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.