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Article 3 Rateable value limits

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

£5,000 is the amount prescribed for the purposes of paragraph 3(2)(b) of Schedule 2 to the Act (mandatory rate relief – maximum rateable value).

(2)

£10,000 is the amount prescribed for the purposes of paragraph 4(2)(b) of Schedule 2 to the Act (discretionary rate relief – maximum rateable value).