Regulation 2 Amendments having effect for 1993/94
The Non–Domestic Rating Contributions (Wales) Regulations 1992f1 shall have effect in relation to any calculation of an authority’s non–domestic rating contribution for the financial year beginning on 1st April 1993 made on or after the coming into force of these Regulations with the following amendments—
in sub–paragraph (1) of paragraph 4A of Schedule 1, there shall be inserted at the end of the formula “+K”, and at the end of the sub–paragraph there shall be added the following definition—
“K is the amount of the reasonable costs, if any, necessarily incurred by the authority in respect of changes to any of their computer programs so as to give effect to the provisions of the 1993 Act, provided that if the amount of such costs exceeds £4,000, K is £4,000.”; and
in paragraphs 2(3) and 4(3) of Schedule 3, there shall be inserted at the end of the definitions of “T” and “W” respectively the following words “and assuming, in the case of paragraph 4A, that K in the formula in that paragraph will be nil;”.