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The Non-Domestic Rating (Chargeable Amounts) Regulations 1994

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Base liability for 1995-96 for defined class of hereditaments

28.—(1) The base liability of a defined class of hereditaments for the relevant year beginning in 1995 shall be found by applying the formula—

Y × Z

(2) For the purposes of this regulation —

(a)Y is the rateable value shown for the class of hereditaments in the central list for 31 March 1995; and

(b)Z is the non-domestic rating multiplier for the financial year beginning in 1994.

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