Explanatory note

These regulations apply to Wales.

Under Part II of Schedule 8 to the Local Government Finance Act 1988 billing authorities are required to pay amounts (called non–domestic rating contributions) to the Secretary of State. Payments in respect of provisional amounts are made during the financial year and can be adjusted during the course of the year. Final calculations, and any necessary settlements, are made after the year ends.

Regulation 2 of these Regulations replaces regulations 8, 8A, 9 and 9A of the Non–Domestic Rating Contributions (Wales) Regulations 1992 (“the 1992 Regulations”) with new regulations 8 and 9. New regulation 8 permits the Secretary of State to direct the billing authority to reduce the first instalment of its non–domestic rating contribution which falls due after the adjustment day (see regulation 7(3) of the 1992 Regulations and new regulation 8(9)) by an amount equal to the total of any repayments that the authority has to make to ratepayers which have not previously been taken into account (together with interest). It also provides for consequential adjustment of instalments.

New regulation 9 provides for the case where an adjustment occurs more than once in a financial year.