(This note is not part of the Regulations)
These Regulations amend the Non-Domestic Rates (Levying) (Scotland) Regulations 2014 (“the 2014 Regulations”). Regulation 2 of these Regulations amends the additional factor, S, set out in regulation 4 of the 2014 Regulations, to 0.013. This additional factor will apply for the financial year 2015-2016 to lands and heritages with a rateable value over £35,000.
Regulation 3 of these Regulations revokes the Non-Domestic Rates (Levying) (Scotland) (No. 2) Regulations 2012.