Proportion of non-domestic rating income for the designated area to be disregarded4

1

Part 1 of Schedule 2 provides rules for calculating the proportion of the billing authority’s non-domestic rating income in respect of the designated area for a specified year.

2

The proportion is to be disregarded for the purpose of calculations under—

a

any of the following provisions of Schedule 7B—

i

paragraph 6 (payments in respect of the central share);

ii

paragraph 13 (calculations following local government finance report);

iii

paragraph 16 (calculations following amending report);

iv

paragraph 23 (calculation of levy payments)6;

v

paragraph 26 (calculations of safety net payments)7;

vi

paragraph 30 (calculations relating to distribution of remaining balance)8;

b

regulations made under any of the following provisions of Schedule 7B—

i

paragraph 7 (administrative arrangements for payments in respect of the central share);

ii

paragraph 9 (payments by billing authorities to major precepting authorities);

iii

paragraph 10 (administrative arrangements for payments by billing authorities to major precepting authorities);

iv

paragraph 28 (calculations of payments on account).