The Non-Domestic Rating Contributions (Wales) (Amendment) Regulations 2001

Name, commencement and interpretation

1.—(1) The name of these Regulations is the Non-Domestic Rating Contributions (Wales) (Amendment) Regulations 2001 and they come into force on 31st December 2001.

(2) In these Regulations “the 1992 Regulations” means the Non-Domestic Rating Contributions (Wales) Regulations 1992(1).

Amendment of the 1992 Regulations

2.  In relation to financial years beginning on or after 1st April 2002, Schedules 1, 2 and 4 to the 1992 Regulations are amended as follows:—

(a) in paragraph 3(1)(b) of Schedule 1, for “75 per cent” there is substituted “90 per cent”;

(b) in paragraph 2(12) of Schedule 2 for “1.004” there is substituted “0.995”; and

(c) for Schedule 4 to the 1992 Regulations there is substituted the schedule set out in the Schedule to these Regulations.

Signed on behalf of the National Assembly for Wales under section 66(1) of the Government of Wales Act 1998(2)

John Marek

The Presiding Officer of the National Assembly

4th December 2001