Article 6 Differential rating
The amount in the pound of the general rate chargeable in any year in respect of any existing hereditament in the areas transferred to the City of Birmingham by article 4 of this Order shall, until that amount is greater than the amount in the pound of the general rate chargeable in the year in respect of hereditaments in any other area of the City (“the Birmingham poundage”), be the sum of—
the amount in the pound of the general rate chargeable in respect of those existing hereditaments for the preceding year;
the amount by which the Birmingham poundage increased over that for the preceding year; and
10.9p.
Upon the amount calculated in accordance with paragraph (1) in any year being greater than the Birmingham poundage for the year, the amount in the pound of the general rate for that and future years in respect of the existing hereditaments shall be the Birmingham poundage.
In this article “existing hereditament” means a hereditament which immediately before 1st April 1988 was included in the valuation list for the area transferred by article 4 of this Order and “general rate” does not include any such additional item as is mentioned in section 2(4)(a) of the General Rate Act 1967f1.
Annotations
Footnotes
- f1