The Non–Domestic Rating (Demand Notices) (Wales) (Amendment) Regulations 1994

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 1994/95 the annual increase in rates will not normally be more than 7.5% (plus inflation) on small properties or 10% (plus inflation) on larger properties. Small properties are those with rateable values of less than £10,000 on 1 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 annual increase will be limited to the rate of inflation (1.8%). The rate of inflation means the year–on–year increase in the September retail price index.”

(2) In paragraph 1 of 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 1994/95 ni fydd y codiad blynyddol yn y trethi fel rheol yn fwy na 7.5% (a chwyddiant) ar eiddo bach neu 10% (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, cyfyngir y codiad blynyddol i gyfradd chwyddiant (1.8%). Ystyr cyfradd chwyddiant yw'r cynnydd blynyddol yn y mynegai prisiau adwerthu ym mis Medi.”