# The Non-Domestic Rating (Unoccupied Property) (Wales) (Amendment) Regulations 2010, Note: Explanatory note


(This note is not part of the Regulations)
Under section 45 of the Local Government Finance Act 1988 (“the 1988 Act”) non-domestic rates are payable on an unoccupied hereditament if it fulfils the conditions set out in section 45(1). Those conditions include a condition that the hereditament falls within a prescribed class.
The Non-Domestic Rating (Unoccupied Property) (Wales) Regulations 2008 prescribe a class of unoccupied hereditaments on which rates are payable. The class consists of all unoccupied hereditaments to which none of the conditions in regulation 4 applies. Regulation 4 excludes from liability for non-domestic rates under section 45 of the 1988 Act all hereditaments shown in a non-domestic rating list with a rateable value less than a specified amount, currently £15,000. These Regulations increase that figure to £18,000 for the purpose of a hereditament shown in the list for the financial year beginning on 1 April 2010 only.
A regulatory impact assessment has been prepared in connection with these Regulations. A copy can be obtained at http:www.assemblywales.org/bus-home/buslegislation/bus-legislation-sub http:www.assemblywales.org/bus-home/buslegislation/bus-legislation-sub.

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Source: https://www.legislation.gov.uk/wsi/2010/272/note (the official version)
Page: https://openlegislation.uk/non-domestic-rating-unoccupied-property-wales-amendment-regulations-2010/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.