Part 5Non-domestic rates
62Calculation of non-domestic rating multiplier
(1)
Schedule 7 to the 1988 Act (non-domestic rating multipliers) is amended as follows.
F1(2)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(3)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(4)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(5)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(6)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(7)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(8)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(9)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F1(10)
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(11)
“9A
(1)
A special authority’s small business non-domestic rating multiplier for a chargeable financial year shall be set by it in accordance with the formula—
(2)
In sub-paragraph (1) above—
(a)
A is the special authority’s non-domestic rating multiplier for the year under paragraph 9 above,
(b)
B is the small business non-domestic rating multiplier for the year determined in accordance with Part 1 of this Schedule, and
(c)
C is the non-domestic rating multiplier for the year, so far as relating to England, determined in accordance with that Part.
(3)
The multiplier must be expressed as a figure in which a part of a whole (if any) is expressed to three decimal points only.”