The Non-Domestic Rating (Demand Notices) (Wales) (Amendment) Regulations 2023

Amendments to the Non-Domestic Rating (Demand Notices) (Wales) Regulations 2017

2.—(1) Paragraph 1 of Schedule 2 (explanatory notes) to the Non-Domestic Rating (Demand Notices) (Wales) Regulations 2017(1) is amended as follows.

(2) In the paragraph entitled Rateable value, for “2017” substitute “2023” and for “2015” substitute “2021”.

(3) In the paragraph entitled Revaluation, for “2017” substitute “2023” and for “2015” substitute “2021”.

(4) In the paragraph entitled Alteration of rateable value, omit the words “If the ratepayer and the valuation officer do not agree the valuation within 3 months of the proposal being made, the matter is referred by the valuation officer as an appeal by the proposer to the Valuation Tribunal for Wales.”

(5) In the paragraph entitled Non-domestic rating multiplier, omit the words “and except in a revaluation year cannot rise by more than the rate of the increase in the retail prices index”.

(6) In the paragraph entitled Transitional rate relief—

(a) for “2016” substitute “2022”;

(b) omit the word “small”;

(c) for “2017” substitute “2023”.

(1)

S.I. 2017/113 (W. 39), amended by S.I. 2018/122 (W. 28) and S.I. 2020/1250 (W. 283).