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Local Government Finance Act 2012

Local Government Finance Act 2012

2012 CHAPTER 17

Commentary on Sections

Non-Domestic Rates

Section 1: Local retention of non-domestic rates

29.Section 1 gives effect to Schedule 1 and amends the LGFA 1988 by-

  • inserting and giving effect to a new Schedule 7B (local retention of non-domestic rates); and

  • providing that regulations made under paragraph 9, 11, 22, 25 or 30 of Schedule 7B, and regulations made under paragraph 39 or 40 of Schedule 7B that contain provision under paragraph 41, are to be subject to the affirmative resolution procedure.

30.Further detail on the provisions of Schedule 1 is provided at paragraphs 67 to 92 below.

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