The Non-Domestic Rates (Levying) (Scotland) Regulations 2002 No. 91

PART II LANDS AND HERITAGES ON ROLL ON 1ST APRIL 2002

Notional liability

8.  The notional liability in respect of any lands and heritages to which this Part applies and any day shall be calculated in accordance with the formula–

where–

• RV is the rateable value for those lands and heritages on that day; and

• APF is the appropriate poundage figure, being–

  (a)

  0.458, where those lands and heritages have a rateable value of £10,000 or less on 1st April 2002; and

  (b)

  0.478, in any other case.