The Non-Domestic Rating (Rates Retention and Levy and Safety Net) (Amendment) Regulations 2018 No. 463

PART 3 Levy and safety net

Amendment of regulation 5

13.  In regulation 5 (business rates baseline and baseline funding level)—

(a) in paragraph (1) after “business rates baseline of an authority” insert “for the year commencing on 1st April 2013”;

(b) after paragraph (1) insert—

“(1A) The business rates baseline of an authority for the year commencing on 1st April 2017 is the amount specified with respect to that authority in column B of the table in Schedule 4.”;

(c) for paragraph (4)(a) substitute—

“(a) the business rates baseline of the authority—

(i) for the year commencing on 1st April 2013, is to be the sum of the individual business rates baselines of the authorities that comprise the pool for the year commencing on 1st April 2013;

(ii) for the year commencing on 1st April 2017, is to be the sum of the individual business rates baselines of the authorities that comprise the pool for the year commencing on 1st April 2017; and”.