Local Government Finance (Wales) Act 2024 Explanatory Notes

1. Introduction

2. Summary and Background

3. Commentary on Sections

   1. Part 1 – Non-Domestic Rating

      1. Section 1 – Overview of Part 1

      2. Section 2 – Local rating lists

      3. Section 3 – Central rating lists

      4. Section 4 – Power to amend revaluation year

      5. Section 5 – Powers to confer, vary and withdraw reliefs

      6. Section 6 – Unoccupied hereditaments: charitable rate relief

      7. Section 7 – Completion notices for new buildings

      8. Section 8 – Discretionary relief: time limit

      9. Section 9 – Powers to confer, vary and withdraw exemptions

      10. Section 10 – Calculation of non-domestic rating multipliers

      11. Section 11 – Calculation of non-domestic rating multipliers: supplementary provision

      12. Section 12 – Information to be provided to valuation officer

      13. Section 13 – Artificial non-domestic rating avoidance arrangements

      14. Section 14 – Orders and regulations under the Local Government Finance Act 1988

      15. Section 15 – Minor and consequential amendments relating to Part 1

   2. Part 2 – Council Tax

      1. Section 16 – Overview of Part 2

      2. Section 17 – Calculation of tax for different valuation bands

      3. Section 18 – Discounts

      4. Section 19 – Reduced amounts

      5. Section 20 – Procedure for the compilation of valuation lists

   3. Part 3 – General

      1. Section 21 – Interpretation

      2. Section 22 – Consequential and transitional provision

      3. Section 23 – Coming into force

      4. Section 24 – Short title

4. Record of Proceedings in Senedd Cymru