- Draft legislation
This is a draft item of legislation. This draft has since been made as a UK Statutory Instrument: The Non-Domestic Rating (Chargeable Amounts) (England) Regulations 1999 No. 3379
3.—(1) The notional chargeable amount for a relevant year for an altered hereditament shall be found by applying the formula A × B.
(2) For the purposes of this paragraph–
A is the rateable value shown for the hereditament for the day for which it is shown for the first time in the list following its alteration, and
B is the non-domestic rating multiplier for the relevant year.
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