{
  "url": "https://openlegislation.uk/social-housing-rents-exceptions-and-miscellaneous-provisions-regulations-2016/schedule/paragraph-1",
  "json_url": "https://openlegislation.uk/social-housing-rents-exceptions-and-miscellaneous-provisions-regulations-2016/schedule/paragraph-1.json",
  "legislation": "uksi/2016/390",
  "legislation_title": "The Social Housing Rents (Exceptions and Miscellaneous Provisions) Regulations 2016",
  "legislation_url": "https://openlegislation.uk/social-housing-rents-exceptions-and-miscellaneous-provisions-regulations-2016",
  "path": "schedule/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "Formula rent for the year 2000 – 2001 is determined using the following formula—\nFR=(£38.23xRCExBW)+(£16.39xRPV) Where:\nFR is formula rent\nRCE are relative county earnings calculated in accordance with paragraph 2\nBW is bedroom weighting calculated in accordance with paragraph 3\nRPV is relative property value calculated in accordance with paragraph 4",
  "extent": "E+W",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. para. 1 in force at 1.4.2016, see reg. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2016/390/schedule/paragraph/1",
    "retrieved_at": "2026-10-28T23:25:16.193935+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}