Paragraph 2 I1I2

In section 5 (calculation of levy), before subsection (1) insert—

“(A1)

This section applies where a local authority has—

(a)

introduced a VL scheme under which the levy is to be charged in respect of a chargeable transaction on the basis of a percentage rate, or

(b)

modified a VL scheme to provide for the levy to be charged in respect of a chargeable transaction on the basis of a percentage rate.”.

The title of section 5 becomes “Calculation of levy based on a percentage rate”.