The Non-Domestic Rates (Relief for New and Improved Properties) (Scotland) Amendment Regulations 2019

Made22nd March 2019

Laid before the Scottish Parliament22nd March 2019

Coming into force31st March 2019

The Scottish Ministers make the following Regulations in exercise of the powers conferred by section 153 of the Local Government etc. (Scotland) Act 19941 and all other powers enabling them to do so.

Citation and commencement1.

These Regulations may be cited as the Non-Domestic Rates (Relief for New and Improved Properties) (Scotland) Amendment Regulations 2019 and come into force on 31 March 2019.

Amendment of the Non-Domestic Rates (Relief for New and Improved Properties) (Scotland) Regulations 20192.

(1)

The Non-Domestic Rates (Relief for New and Improved Properties) (Scotland) Regulations 20192 are amended as follows.

(2)

For the formula in regulation 10(5)(b) substitute the formula—

$\frac{“B L \times 1.527 \times A R V}{366 \times R V”.}$

KATE FORBES

Authorised to sign by the Scottish Ministers

St Andrew’s House,

Edinburgh

22nd March 2019

EXPLANATORY NOTE

(This note is not part of the Regulations)

These Regulations amend the Non-Domestic Rates (Relief for New and Improved Properties) (Scotland) Regulations 2019.

These Regulations replace the formula at regulation 10(5)(b) in those Regulations, so that when they come into force on 1 April 2019, the formula is as it should be.