This Order fixes the amounts of the regional rates for the year ending 31st March 2012. It fixes 31.46 pence in the pound as the amount of the regional rate to be levied on the rateable net annual values of hereditaments and 0.3698 pence in the pound as the amount of the regional rate to be levied on the rateable capital values of hereditaments. The non domestic regional rate and domestic regional rate are both increased by 2.5 per cent.

Hereditaments which are dwelling-houses, private garages and private storage premises have a rateable capital value. Hereditaments which are used partly for the purposes of a private dwelling have a rateable capital value and a rateable net annual value. All other hereditaments have a rateable net annual value.