The Non-Domestic Rating (Demand Notices) (Wales) (Amendment) Regulations 1993

Amendment of Regulations

3.—(1) In paragraph 1 of Part I of Schedule 2 to the principal Regulations, for the words from “For some properties transitional arrangements will continue” to “bills may increase each year”, there are substituted the words—

• “For 1993/94 the annual increase in rates will be limited to the rate of inflation (3.5%). The rate of inflation means the year-on-year increase in the September retail price index. Where appropriate, for 1994/95 the annual increase will not normally be more than 15 % (plus inflation) on a small property or 20% (plus inflation) on larger properties. Small properties are those with rateable values of less than £10,000 on 1st April 1990. For occupiers of composite (partly domestic and partly non-domestic) properties where the non-domestic element has a rateable value of less than £10,000, the maximum annual increase in real terms will not normally exceed 10 %.”.

(2) In paragraph 1 Part II of Schedule 2 to the principal Regulations, for the words from “Ar gyfer rhai eiddo,” to “yn y biliau bob blwyddyn”, there are substituted the words—

• “Ar gyfer 1993/94 cyfyngir y codiad blynyddol yn y trethi i gyfradd chwyddiant (3.5%). Ystyr cyfradd chwyddiant yw'r cynnydd blynyddol yn y mynegai prisiau adwerthu ym mis Medi. Lle bo'n briodol ar gyfer 1994/95 ni fydd y codiad blynyddol fel rheol yn fwy na 15% (a chwyddiant) ar eiddo bach neu 20% (a chwyddiant) ar eiddo mwy. Eiddo bach yw eiddo gyda gwerth trethiannol o lai na £10,000 ar 1 Ebrill 1990. Yn achos deiliad eiddo cyfansawdd (rhannol ddomestig a rhannol annomestig) lle bo gan y rhan annomestig werth trethiannol llai na £10,000, ni fydd uchafswm y codiad blynyddol mewn termau real fel arfer yn fwy na 10%.”.